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GM Loses $800 Million in Covid Q2. NA Sales Drop -62%
However, GM post-bankruptcy is in a stronger position – financially and with a wiser, faster acting management team – than it was when Wall Street speculation sent global markets plummeting in 2008-2009. The deep recession that ensued was turned around by the Obama Administration, but the non-protected classes in lower income and racially harassed populations never recovered. Continue reading →