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Politics : Bush Administration's Media Manipulation--MediaGate? -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (2703)5/5/2005 1:48:03 PM
From: Rock_nj  Read Replies (1) | Respond to of 9838
 
S&P Cuts GM, Ford Credit Ratings to 'Junk'
Thu 1:42PM ET - AP
Standard & Poor's Ratings Services cut its corporate credit ratings to junk status for both General Motors Corp. and Ford Motor Co., a decision that will increase borrowing costs and limit fund-raising options for the nation's two biggest automakers.

Uh Oh! Our two biggest auto makers heading for bankruptcy?