GM hits big speed bump

The collapse of the Saturn sale and glitches in the Opel and Hummer deals are signs that GM faces a difficult turnaround after a quick bankruptcy.

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The company completed a record 40.9 million pounds Sterling (US$80 million)Series C round of funding led by Index Ventures in February 2008, and won theInvestor AllStars award for 2008 "Deal Envy of the Year," in addition to beingnamed in the Library House list of the hottest 100 private mediatech companiesin Europe. IMPORTANT ADDITIONAL INFORMATION WILL BE FILED WITH THE SECStarent Networks has filedwith the SEC and plans to mail to its stockholders aProxy Statement in connection with the transaction. This has resulted in four LEED-Certified buildings and twoENERGY STAR labels," said Joanne Bragg, facility director for Liberty Mutual`scorporate real estate. Net ForeignCurrency Related Income declined by 32.5% y-o-y to GEL 22.3 million mostly dueto decrease in volumes and lower FX volatility throughout the year. This included an immediate reduction ofstaff as well as on-going efforts to significantly reduce expenses in order tominimize losses and to make it easier to return to profitability. Visit http:// for more information.The MEGA logo, Mega Bloks, Rose Art, MagNext and Board Dudes are trademarks ofMEGA Brands Inc.