Dtwclipper From , joined Dec 1969, posts, RR: Posted (7 years 6 months 3 weeks 4 days 5 hours ago) and read 1404 times:
General Motors Corp. will report the biggest loss in its history today -- on paper -- when it takes a $39-billion noncash bookkeeping charge, the automaker said Tuesday in a news release after markets closed.
It almost certainly will be the biggest one-quarter net loss in the history of the auto industry, though it will not mean the company has any less money on hand.
On the other side of your optimism, we don't travel to Canada much any more. We would make two or three trips to Stratford and Toronto a year and do a lot of shopping....so Canada will loose on tourist dollars. On the same note, my dad made a subsantial pledge to the Stratford Festival in US dollars, so they will loose money there too.