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16 Nov 2009 09:51

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Biz: GM is looking a bit stronger after making it through bankruptcy

  • $1.15 billion amount in losses the auto manufacturer had as a result of their bankruptcy in July; they have $42.6 billion in cash on hand
  • $3.3 billion amount of cash it generated in the third quarter – GM plans on repaying its government loans early as a result of the strong quarter source