April 8, 2010

A tale of two companies

General Motors is partly owned by the US Government. It posted a loss of $4.3 Billion in the last half of 2009. Ford is an independent company, owned by its stockholders. For the full year of 2009:
Full year net income of $2.7 billion, or 86 cents per share, a $17.5 billion improvement from a year ago. Pre-tax operating profits of $454 million, a $7.3 billion improvement from a year ago.
Nuff said... Posted by DaveH at April 8, 2010 7:50 PM
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