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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (270517)12/12/2003 1:29:32 PM
From: mishedlo   of 436258
 
>>DETROIT, Dec 12 (Reuters) - General Motors Corp. (NYSE:GM - News) said on Friday it expects to almost close this year the $19.3 billion gap it had in its U.S. pension plans, which has been the largest deficit facing any U.S. corporation and a burden on the automaker's earnings and debt ratings.

Hmmm let's see by taking out another $20B in long term debt?
Have you seen its LT debt explode up recently? In the meantime it is undoubtedly bullish (as of course is everything else)

M
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