If Obama wins on Nov 4, I'm gonna buy some stock on Nov 5

[Chefguy]

@Tuckerfan

Actually, GM’s pockets are pretty much empty, and nobody wants to loan them any money. IIRC, GM’s got about six months worth of operating capital, and the amount they’re getting from the sale of their vehicles is nearly nil at the moment.

I thought GM was looking to merge with Chrysler?

[Tuckerfan]

@Chefguy

I thought GM was looking to merge with Chrysler?

Yes, because Chrysler has a bit more cash than GM (as well as the highly profitable Jeep brand). I heard a news account today that GM and Chrysler had gone to the Feds not only seeking wavers from anti-trust issues to enable the merger to go through, but also cash to pay for the merger. Walter P.'s spinning in his grave, I’m sure.

[Knorf]

@Tuckerfan

Actually, GM’s pockets are pretty much empty, and nobody wants to loan them any money. IIRC, GM’s got about six months worth of operating capital, and the amount they’re getting from the sale of their vehicles is nearly nil at the moment.

Wow, only six months? That’s worse than I thought …