GM -- G.O.N.E.?
Having entered bankruptcy court (even a so-called 'structural' bankruptcy), General Motors (GM) is making history. It was once the titanic behemoth of American business, making more money than any other business.
In 2006, GM reported revenues of $207 billion dollars -- yet profits were negative (-$1.9 billion).
As we know, even a titanic can sink.
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