Breaking Both Ways! GM Loses $24 Million Less Than Previously Reported

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The mainstream media's always trying to keep the General down. For instance, this morning's Freep article on the big n' bad automaker from Detroit on a $24 million upwards adjustment to its third quarter loss, which clearly is a positive story for the boys n' girls at the RenCen. Somehow, the Freep can't even take that good news on face, and instantly report it as a negative story. We'd like to hope that this is just some fubar by some copy editor somewhere, but more than likely it's the liberal "hate America first, second, third and during earnings restatements" mentality that permeats the Freep. You know, if only the mainstream media were to be positive about US automakers, and quit reporting a loss as an even bigger loss, maybe they could even make some money.

GM lost $24 million more than first reported [Freep]

Related:
Breaking! GM Announces Third Quarter Net Loss Of $115 Million, Adjusted Net Income Of $529 Million [internal]

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