Gm Chrysler Merger Talks Reported

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Uncle Sam is finally trying to get the auto industry bailout bill finished. However, just as we're thinking we might see some closure to this subject, we have an overabundance surprise variables introduced.

For the full year 2008, Borders lost $157 million on revenue of $2.8 billion. Borders recently extended its $42.5 million senior secured term loan with Pershing Square Capital Management, moving the final target time to April 1, 2011. That may be the day that Borders disappears completely. Border's shares trade at $1.47, down in the 52-week a lot of $8.02.



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