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June 5, 2009

S&P Considers Lowering Penske Auto Ratings n Saturn Deal

by admin — Categories: NewsLeave a comment

The News Review:

- S&P Considers Lowering Penske Auto Ratings n Saturn Deal
- Is GM really too big to fail?
- Minn. auto magnate files for personal bankruptcy

S&P Considers Lowering Penske Auto Ratings n Saturn Deal
Wall Street Journal
(PAG) following the news that Penske intends to acquire General Motors Corp. ‘s (GMGMQ) Saturn unit for as much as $200 million. Under the agreement outlined.
Related from Murtoughsupply: Simply Self Storage Selects Penske Truck Rental As Exclusive Truck …

Is GM really too big to fail?
Los Angeles Times
YSArticleHeader { font:normal 24px Arial Helvetica sans-serif; margin:-2px 2px 5px 2px; }. YSArticleHeader span {font:normal 18px Arial Helvetica sans-serif; }. YSArticleContent { background-color:#FFFFFF;padding:18px;line-height:16px; }–>Dust-UpIs GM really too big to fail?Would a complete failure of General Motors have put more stress on the auto industry? Howard Wial and Daniel J.

Minn. auto magnate files for personal bankruptcy
Forbes
The Chapter 7 filing in U. Bankruptcy Court in Minneapolis means Hecker’s personal assets will be turned over to a court-appointed trustee to prevent further losses. Hecker owes more than $500 million to creditors who have won recent judgments against him and his businesses.

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