GM’s finance subsidiary may sell the first bonds in two years in the coming months. Such a move would signal increasing investor confidence after the company’s credit ratings were cut to non- investment grade in May 2005, explains Bloomberg. The financial publication attributes GM’s improving financial situation to restructuring lead by CEO Rick Wagoner.
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09/11, 5:52 PM
posted by:
specialk1098
thank god, im glad to see someone can get there act together
09/11, 6:05 PM
posted by:
Jim in LA
typical “wall street analyst” comment.
investment bankers – the children of the privileged, bringing you know-it-all-isms and plutocracy since the dawn of american capitalism.
my guess is, they know exactly what the costs were before they ever considered such a program. you think their actuaries aren’t good? GM’s are probably the best outside of the insurance industry.
09/11, 6:07 PM
posted by:
Jim in LA
oops – that comment belongs in the warranty piece.
09/11, 7:40 PM
posted by:
Kenny W
Seems like it was just yesterday that “analysts” & “investors” where calling for Ricks head, now he’s the leader of the new era at GM. My how things change.
*admits to wanting Rick out after finding out about his 2K5 bonus*
09/11, 8:53 PM
posted by:
Impulsive
Ideally, the company languishes for another five to ten years to teach all a lesson.
09/11, 11:47 PM
posted by:
Toy Yoda
So what kind of yields are we talking about here? I’m interested in about 18-20% yields. Why? Cause I can get about 15% yield on some high dividend stocks. So these guys better pay, even if it is raking over the coals with the returns I’d demand.
09/12, 3:11 AM
posted by:
Veda
Wouldn’t that be nice Toy Yoda… Yea 15% is common in stocks.
09/12, 3:14 AM
posted by:
Hal
if you can get a 15% yield guaranteed I’d be interested to hear about it cos you are clearly an investment genius. Thanks.
09/12, 8:29 AM
posted by:
Joey D
It would be nice to see them going again…for Michigan’s sake. We are dying over here with jobs.
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09/11, 5:52 PM
posted by:
specialk1098
thank god, im glad to see someone can get there act together
09/11, 6:05 PM
posted by:
Jim in LA
typical “wall street analyst” comment.
investment bankers – the children of the privileged, bringing you know-it-all-isms and plutocracy since the dawn of american capitalism.
my guess is, they know exactly what the costs were before they ever considered such a program. you think their actuaries aren’t good? GM’s are probably the best outside of the insurance industry.
09/11, 6:07 PM
posted by:
Jim in LA
oops – that comment belongs in the warranty piece.
09/11, 7:40 PM
posted by:
Kenny W
Seems like it was just yesterday that “analysts” & “investors” where calling for Ricks head, now he’s the leader of the new era at GM. My how things change.
*admits to wanting Rick out after finding out about his 2K5 bonus*
09/11, 8:53 PM
posted by:
Impulsive
Ideally, the company languishes for another five to ten years to teach all a lesson.
09/11, 11:47 PM
posted by:
Toy Yoda
So what kind of yields are we talking about here? I’m interested in about 18-20% yields. Why? Cause I can get about 15% yield on some high dividend stocks. So these guys better pay, even if it is raking over the coals with the returns I’d demand.
09/12, 3:11 AM
posted by:
Veda
Wouldn’t that be nice Toy Yoda… Yea 15% is common in stocks.
09/12, 3:14 AM
posted by:
Hal
if you can get a 15% yield guaranteed I’d be interested to hear about it cos you are clearly an investment genius. Thanks.
09/12, 8:29 AM
posted by:
Joey D
It would be nice to see them going again…for Michigan’s sake. We are dying over here with jobs.