# They're not quite dead yet...

**URL:** <https://forums.speedlife.net/t/theyre-not-quite-dead-yet/43313>\
**Category:** NYSpeed Automotive\
**Created:** [February 12, 2008, 5:39am UTC](https://forums.speedlife.net/t/theyre-not-quite-dead-yet/43313 "2008-02-12T05:39:46Z")\
**Posts on this page:** 1\
**Showing post:** 7

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**Author:** ![sureshot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sureshot/32/7578_2.png) [@sureshot](https://forums.speedlife.net/u/sureshot)\
**Post date:** [February 12, 2008, 6:04am UTC](https://forums.speedlife.net/t/theyre-not-quite-dead-yet/43313/7 "2008-02-12T06:04:33Z")

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> [@eclipsed](#):
>
> don’t let that mislead you. That loss is 99% attributable to the write off of impaired deferred tax assets, which is a one time charge that has exceedingly little to do with the profitability of operations. I think they had like a $23million loss, which means that $38.47billion was attributable to the write off of the deferred tax assets and other one time charges.
> 
> now, if that loss were attributable to operational factors, then i would say that GM is in trouble.
> 
> 😃

That’s data you can bank on 🙂

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