The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
February 27, 2009

GM Posts $9.6B 4th Quarter Loss
-------------------------------



The auto giant General Motors has posted another major quarterly loss
amidst warnings it’s nearing insolvency. On Thursday, GM said it lost
$9.6 billion in the fourth quarter, bringing its 2008 loss to $30.9
billion. The announcement came as GM chair Rick Wagoner met with White
House officials to seek further government aid.



.