General Motors Reports $39 Billion Loss

Funny story written by Rotten Apple

Thursday, 8 November 2007

image for General Motors Reports $39 Billion Loss

On Wednesday automotive giant General Motors reported that it had lost $39 Billion during the third quarter.

A GM chief financial officer, said, "I just have no idea where I lost that money. I remember I had it all in a big pile on top of my dresser last Monday, but after I got back from taking the boys to soccer practice, it wasn't there."

Detroit police have been combing the neighborhood around the Henderson residence. "It'll turn up sooner or later," said one police officer. "$39 Billion is a pretty good sized wad of cash and I think we should start getting some tips soon. Last spring Ford lost a big bunch of money and we found it under a seat cushion of a red 2-door Ford Focus."

General Motors stockholders reacted to the large loss with GM stock prices tumbling 6 percent. One Wall Street analyst said, "These stocks always take a big hit when billions of dollars are reported lost, but then, when they find the money, the stock never quite recovers the same. It's just not fair."

The funny story above is a satire or parody. It is entirely fictitious.

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