September 14, 2012

YEAH, BUT OTHER THAN THAT WHAT DO THEY HAVE GOING FOR THEM...:

More Evidence That GM Is Not Going Bankrupt (Joann Muller, 9/14/12, Forbes)

General Motors got some good news Friday: its first investment grade credit rating since going bankrupt in 2009.

DBRS, Canada's largest credit rating agency, upgraded GM to BBB (low) from BB (high), citing its robust financial profile due to a strong balance sheet, with low debt, and solid earnings performance over the past two and a half years. 

Posted by at September 14, 2012 9:16 PM
  

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