Loss Perspective News Today

Executive Summary: The potential for satellite technology to revolutionize claims management has long been recognized but has only recently been realized

Will be losses. >> greta: i understand we thought we were going to lose $22 billion but another $5 billion. we say its closer to $5 billion. its a lot more money. these are huge numbers were getting stuck with? >> we got in number land when you have $700 billion bailout announced. a lot of us loss perspective on the billion dollar numbers. >> greta: one last question. gmc became allied financial but change their name because they are legitimate? >> they did a whole marketing campaign to try to r...

Will go down. so they have to trickle out. the other thing, for the treasury department to break even on this, the inspector general says we need to sell the gm stock something around $70-71 a share. problem is, gm is trading right now closer to $28 a share. so well have to see if the price goes up, otherwise there will be losses. >> greta: i understand we thought we were going to lose $22 billion but another $5 billion. we say its closer to $5 billion. its a lot more money. these are huge numbe...