As the on, off, on again fiasco continues in the US it is disturbing that few are looking at the facts of the matter relative to GM.  First of all, this is from their web site.  They have 16 separate brands, each with their own web site – and each with their own business unit, in effect competing with each other.  This is not a good sign but lets dissect the financials. The financial results of this company follow and lead to only one responsible conclusion.  They are bankrupt.  Their liabilities exceed assets by $60 bn as of Sept 2008.  … Continue reading GM financial analysis 2004 to 2008 | conclusion – bankrupt