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How bad is it at General Motors?

by Kai Ryssdal
Nov 25, 2008

Pretty bad, apparently.

Seems the manager of GM's 401(k) won't let the company's employees buy any more GM shares for their retirement funds.

Via Paul Kedrosky at Infectious Greed.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy. Follow Kai on Twitter @kairyssdal.
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Irma 's picture
Irma - Dec 1, 2008

Kai:
Long time ago they had the advantage to get out the electric car.
Why they didn't? and now is it too late?
Big companies need to plan for rainy days too.
No matter how big they are.
They'll fall as big as they are, so why not have a cushion fund?

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