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...fair, the circumstances are unusual ones," said GM's Chairman Rick Wagoner. "It's been a terrible for the industry. These are pretty bad numbers," he said, adding that the company is stretching its cost-cutting targets in response to collapsing consumer demand. "We hope our case is compelling. We believe it is," Wagoner said...

Author: /time Magazine | Title: Auto Sales Plummet, Worsening Crisis | 12/3/2008 | See Source »

Some analysts have been heartened by GM's November sales results and believe they offer a glimmer of hope for the future - if the government can help the automaker overcome its current cash crunch with a $12 billion loan...

Author: /time Magazine | Title: Even with a Bailout, GM's Profit Prospects Look Bleak | 12/3/2008 | See Source »

...there much hope to be gleaned from the overall market. Auto sales, and with them an opportunity for a strong GM rebound, aren't expected to recover for quite a while. GM is renowned for its optimistic sales forecasts, but its outlook for the next three years is downright dismal. (Read "The Ripple Effect of a Potential GM Bankruptcy...

Author: /time Magazine | Title: Even with a Bailout, GM's Profit Prospects Look Bleak | 12/3/2008 | See Source »

...class and may prevent him from witnessing a significant moment in American history. The class? Government 1540: “The American Presidency.” Over 2,000 undergraduates are set to sit for exams on January 20 for almost 40 different classes. Several of them who hoped to go down to Washington, D.C. for the inauguration have had to make different plans. For some, these different plans include resigning to remain on campus and watch the recaps later that night. For others, however, different plans means taking action. On November 18, the day after he saw the final...

Author: By Anita B. Hofschneider, CONTRIBUTING WRITER | Title: Students Protest Jan. 20 Exams | 12/2/2008 | See Source »

...China firmly opposes any contacts with the Dalai Lama by foreign leaders in whatever form," Qin said in a statement released by the state-run Xinhua news agency. "We hope that France could fulfill its commitments, and properly deal with China's major concerns in earnest so as to create conditions for the steady development of bilateral relations...

Author: /time Magazine | Title: Why China Keeps Picking on Sarkozy | 12/2/2008 | See Source »

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