G.M. Posts a Quarterly Loss of $6 Billion - NYTimes.com

While the accounting loss was lower, the rate at which GM was using cash is still amazingly fast.G.M. Posts a Quarterly Loss of $6 Billion - NYTimes.com: ""G.M. said it depleted $10.2 billion from its cash reserves in the quarter, or $113 million a day,"Do you remember this post from last quarter when the firm lost $9 billion? Well we can redo it now. I will base it off cash since I no longer