The ALL Florida Online Corvette Club - View Single Post - Goldman suspends GM rating, sees $22 billion bailout

RSS Feed · 11-13-2008, 11:51 AM

Goldman Sachs today suspended its rating on General Motors and said the automaker needs at least $22 billion in federal aid to survive a deepening industry downturn. Goldman Sachs forecast the No.1 U.S. automaker will end 2008 with $12.

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11-13-2008, 11:51 AM	#1
RSS Feed RSS Feed Robot Join Date: Sep 2007 Posts: 113,001 Name :	Goldman suspends GM rating, sees $22 billion bailout Goldman Sachs today suspended its rating on General Motors and said the automaker needs at least $22 billion in federal aid to survive a deepening industry downturn. Goldman Sachs forecast the No.1 U.S. automaker will end 2008 with $12. More...