Underscoring the automakers' peril- and how close the bailout is cutting to the edge- (they are talking about a time frame. The "edge" is just before when the company would go bankrupt. So the "bailout", or money, is coming really close, just close enough to prevent the company from going under. or out of business) GM Chief Financial Officer Ray Young said the company expects to have the first money from the government by Dec29, just in time to pay suppliers.
(Yes, the company must have parts to build the cars. These parts come from suppliers. The suppliers will not ship parts unless they are sure they will get paid!)
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