GM posts its highest profit ever: $7.6 billion

[Clip-Clop]

When you still technically owe people about 27 billion dollars, you really aren't profitable.
This is proof that when you have the opportunity to renegotiate a union contract that has been bleeding your company dry and driving it into the earth to more reasonable terms because the alternative was death, you are also bound to make more money. I am glad they did well, I just would have rather it been on other terms and would certainly preferred this be kept quieter like the bonuses that will go to the white collar workers will be until someone finds out.
They are also abandoning the untenable pension deal in lieu of a 401K like normal people have. Another good call.