So GM is now no longer a viable going concern according to its' auditors; GM posted a $30.9bn loss for 2008. To put that into perspective, that equates to a loss of $352,739 an hour, or $97 a second. Earlier this week, GM's top executive warned the European divisions of GM could collapse within weeks without European governments' help - costing up to 300,000 jobs. Chief operating officer Fritz Henderson said governments should step in immediately to ensure GM Europe did not run out of money by April or May. I think that's called "throwing good money after bad" isn't it? The governments can't keep stepping in to help - GM have just proved that. They took a huge handout from the US government not once but twice, and are still on the brink of collapse. Let's just think about the impact of GM ceasing to exist for a moment - highly unlikely even if they declare bankruptcy. Hypothetically, GM would close its doors and all 266,000 US workers would be une...