It did not state clearly. Just that they are having a hard time
borrowing money due to their low performing financial status.
Stewart
At 01:12 PM 9/8/2008, you wrote:
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.
Rev. Stewart A. Marshall
mailto:[EMAIL PROTECTED]
Prince of Peace www.princeofpeaceozark.org
Ozark, AL SL 82
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