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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (26184)3/23/2005 11:02:01 AM
From: mishedlo  Read Replies (1) of 116555
 
GM looking to sell GMAC
Interesting...
Are they looking to get rid of an albatross?
Then again GMAC is they only way they make any money (or supposedly make money).

It will only raise 1-2 billion.
How fast would they chew that up with their bonds falling off a cliff?

Mish
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