It's not just the small companies • 12 November 2008 • The SnowBlog

It's not just the small companies

Who need to keep an eye on their cash flow. It seems hardly possible, but General Motors is on the brink of running out of cash because, er, they aren't selling any cars. They need "immediate unrestricted access to cash just to meet their wage and supplier bills." Yeah, don't we all. My question: why on earth didn't they figure this out 18 months ago and adapt to changing demand for more fuel efficient cars? God, if I can forecast our fabulously erratic cash flow, General bloody Motors ought to be able to do theirs. And I'm pretty sure Snowbooks wouldn't get bailed out by the government if we hit a problem.


The SnowBlog is one of the oldest publishing blogs, started in 2003, and it's been through various content management systems over the years. A 2005 techno-blunder meant we lost the early years, but the archives you're reading now go all the way back to 2005.

Many of the older posts in our blog archive suffer from link rot. Apologies if you see missing links and images: let us know if you'd like us to find any in particular.

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