CASH CRUNCH | By the numbers
CASH CRUNCH | By the numbers
General Motors has said it could collapse in weeks as it comes perilously close to the minimum cash needed to sustain operations. A glance at GM’s cash crunch:
$6.9 billion: Third-quarter GM cash reserves spent. $13.9 billion: Total January-September GM cash reserves spent.
$16.2 billion: GM cash on hand as of Sept. 30, 2008.SFlb$11 billion to $14 billion: Minimum cash requirement to sustain operations, according to GM.