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BigAls87Z28 · 04-13-2005, 11:18 AM

Ugh...yeah, old news. They have problems right now, but have been holding at #1 despite problems.
New product is up, and old product sales are down. People that are used to paying 14k for a Grand Am now have to pay 22k for a G6.

As for GM's bonds going Junk...well that would spell trouble for MANY around the world. There are companies that invest into GM for 401(k) and if there bonds go to Junk status...well then we will all feel it.

04-13-2005, 11:18 AM	#2
BigAls87Z28 Join Date: Jul 2004 Location: West Long Branch Posts: 13,598 iTrader: (3)	Ugh...yeah, old news. They have problems right now, but have been holding at #1 despite problems. New product is up, and old product sales are down. People that are used to paying 14k for a Grand Am now have to pay 22k for a G6. As for GM's bonds going Junk...well that would spell trouble for MANY around the world. There are companies that invest into GM for 401(k) and if there bonds go to Junk status...well then we will all feel it. __________________ 2/20/2013: They Day the ****s Stopped