Friday, March 20, 2009

GM Loses $9.6 Billion

GM lost $9.6 billion in the 4th quarter 2008. That’s $3.2 billion a month. If you break that down into a 20-day work month at 8 hours a day, it totals about $5,555 per second.

Look at your watch and count with me: $5,555, $11,110, $16,665, $22,220, $27,775, $33,330, $38,885, $44,440…..keep going for the rest of the day. You’ll end up with a total of $160,000,000 after your eight-hour shift. And it’s all your money. Feel better? Me neither.

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