While there is renewed chatter about a renewed GM bankruptcy, ratings agency Fitch thinks otherwise. The agency that assesses the chances of defaults by companies and countries raised GM’s default rating from BB to BB+, which is once notch below investment grade. (Read More…)
Posted in Bailout Watch, Chapter 11, High Finance, News Blog
Tagged as Bertel Schmitt, default, Fitch, GM
Tagged as Bertel Schmitt, default, Fitch, GM
Recent Comments
dolorean - For my master’s degree I had to develop three business plans. One was the ubiquitous lawn-service company; however, I went the green-electric...
psychoboy - I’m old enough to remember when SCC was still put together with staples. And…I’m rat-packy enough to still have them....
28-Cars-Later - I liked that model too, I suppose traveling through Australia is akin to going to war.
star_gazer - @Jean-Pierre Sarti: Doesn’t surprise me. Lutz as well as GM and Delphi have been going Chinese for years. In our plant a while...
dolorean - Does the Leaf or Volt offer a solar panel option on the roof or rear deck that would allow for moderate recharging whilst you’re away from...
danio3834 - Growing up in a drag racing family, when the sport compact scene hit big, it was completely alien to me. It took years for me to grasp,...
28-Cars-Later - Thanks for all the responses, guys. This makes me wonder why other mfgs do not offer limited “classic” versions of some models if demand...
Beerboy12 - I fear for the day Elon Musk does make a mistake. Reminds me of that joke about the guy who built the school, built the road, Built the town hall. A...
AFX - Sweet, kinda like the opposite of the Lazer 917.
-Nate - Sweet old B Body ! . I wasn’t a fan when they were in production but practical experience made me a fanboi forever more. Cheap ,...