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More web pages of interest...
- GM reports running low on cash; it ends Chrysler merger talks (Los Angeles Times)
General Motors posts a $2.5-billion third-quarter net loss. It also signals that it may have only enough cash to fund operations through year's end, leading to speculation about bankruptcy. Posting another multibillion-dollar quarterly loss Friday, General Motors Corp. said it was "cutting to the bone" but may run out of money by early next year without help from the federal government.
- U.S. Foreclosures Index: October Foreclosures Drop Dramatically to Near 2008 Lows (Centre Daily Times)
Foreclosures fell for the second month in a row in October to nationwide lows not seen since last February, according to the latest U.S. Foreclosure Index from ForeclosureS.com.
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