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GM Is Sputtering Out
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One year ago, only the boldest of contrarians would step up to buy shares of General Motors (GM Quote).
For those who bought, bold turned out to be beautiful in 2006. But next year, bold could get old.
Last December, GM's stock was hovering near 23-year lows. The company was gushing red ink while its management's credibility hit rock bottom. Meanwhile, the only momentum building in Detroit seemed to come from regulatory scrutiny surrounding GM's accounting practices. ...
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