| General Motors Corp. | $16,284,024,131 |
| GMAC LLC | $5,000,000,000 |
| Chrysler Holding LLC | $4,780,130,642 |
| Chrysler LLC | $3,034,000,000 |
| Chrysler Financial Services Americas LLC | $1,500,000,000 |
| Total | $30,598,154,773 |
Please remember that GMAC LLC is a bank holding company. They were instructed to raise $11.5 billion based on the stress test. GMAC LLC is not a public company and is highly leveraged as a result of a private equity acquisition. Would you like to guess where they will get the additional capital?
http://news.yahoo.com/s/ap/us_gm_inevitable_bankruptcy
GM is not far behind Chrysler in going under. Prepare to kiss $42 billion good-bye.
1 comment:
I neglected to include the following:
$3.5 billion GM Supplier Receivables LLC
$1.5 billion Chrysler Receivables SPV LLC
This brings the total to $35,598,154,773.00
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