The cost of junk status

general motors


Some financial shocks happen suddenly, taking the market by surprise and forcing investors into a state of panic. Other shocks happen slowly, unraveling before everyone’s eyes as the inevitable consequences take hold. General Motors’ slow spiral toward the junk market partakes of the latter category, with many analysts expecting the Detroit, Michigan-based automobile behemoth to be relegated to the speculative-grade market before the end of the year.

Even though the final outcome of GM’s current

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: