I think they should look into replacing the CEO after this stuff came up.
General Motors Corp. shares and bonds fell on Friday after the automaker increased its 2005 loss by $2 billion due to accounting errors, raising questions about the company's management and renewing doubts about its long-term survival.
Whoops, we messed up the loss by $2 billion. Now that is not something you want to tell investors when you are already fighting hammer and tongs (and losing) against the Japanese carmakers. Could we see a GM bankruptcy filing coming soon?
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