Deutsche Bank's 3 possible futures for GM http://www.freep.com/article/20081111/BUSINESS01/81111002
Deutsche Bank analyst Rod Lache sees three possible outcomes for GM, none of which are good for shareholders. GM gets government loans, but is still forced to rework its debt and union obligations. The company cuts its U.S. brands to three, and needs more money for restructuring in the future. The government oversees GM's restructuring through a Chrysler-like bailout, forcing lenders to take a loss on their debts and taking an ownership stake in the company. GM goes bankrupt, with the government providing the cash necessary to keep GM operating through the bankruptcy. This message has been scanned for malware by SurfControl plc. www.surfcontrol.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
