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


To: mishedlo who wrote (29391)5/5/2005 12:47:55 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 116555
 
S&P cuts GM debt rating to "JUNK" - I think all GM management should be fired - to ward of Kerkorian (sp?) they agree that their company debt should be downgraded to junk.

Wonder is US Attorney's understand that and will open legal proceeds against them. (I have no position in GM or any other car makers)but scores of people have GM debt in their retirement / pension funds without even knowing it.