At 11:50 AM -0500 9/8/08, Rev. Stewart Marshall wrote:
It also effects how they can borrow and what they pay.
I was just reading an article the other day about the big three auto
companies in Detroit.
Because their stocks are rated just above junk status they are
having a hard time borrowing money to upgrade. They are looking to
Uncle Sam for guarantees to borrow money.
I think you mean their BONDS, not their stocks. A different type of
financing instrument.
--
Roger
Lovettsville, VA
*************************************************************************
** List info, subscription management, list rules, archives, privacy **
** policy, calmness, a member map, and more at http://www.cguys.org/ **
*************************************************************************