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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (26184)3/23/2005 11:02:01 AM
From: mishedlo  Read Replies (1) | Respond to 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



To: Knighty Tin who wrote (26184)3/23/2005 11:16:30 AM
From: zonder  Read Replies (1) | Respond to of 116555
 
Rumour around town today that Prince Rainier died.
I guess we are stuck with Albert from now on...