| Re: GM on verge of Bankrutpcy |
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Group: alt.philosophy · Group Profile
Author: BretCahillBretCahill Date: Jul 22, 2008 22:45
> GM, Ford `On the Verge of Bankruptcy,' Altman Says (Update2)
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> By Greg Miles and Caroline Salas
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> July 22 (Bloomberg) -- General Motors Corp. and Ford Motor Co., the two
> biggest U.S. automakers, have about a 46 percent chance of default within
> five years, according to Edward Altman, a finance professor at New York
> University's Stern School of Business.
That's reassuring.
I was surprised they were still around.
Bret Cahill
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