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General Motors might not make it to end of the year even with federal aid

General Motors continues in its death dive with the latest news from a top Wall Street analyst who said the company's cash is just running out too fast, according to a new story in the Detroit Free Press.  He says, it might even be too late for federal aid.

The analyst said:

“Even if GM is able to secure immediate U.S. government support, we believe that GM’s predicament has the potential to set in motion a sequence of events that would be bankruptcy-like,” said Deutsche Bank analyst Rod Lache, who lowered his rating on GM shares to “sell” from “hold.”

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