DJ MARKET TALK: GM's Extra Disclosures May Be Ch. 11 Pr - Saab Future Models Bulletin Board - Saabnet.com
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DJ MARKET TALK: GM's Extra Disclosures May Be Ch. 11 Pr
Posted by Rafe [Email] (more from Rafe) on Thu, 30 Mar 2006 08:58:23
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DJ MARKET TALK: GM's Extra Disclosures May Be Ch. 11 Prep
1523 GMT [Dow Jones] The extra disclosures in GM's 10-K on issues like pension funding and bank line access "send the signal to the market that one has to be prepared just in case," says CreditSights. The filing "especially reminded us of Delta's renewed focus on additional disclosure before they ended up filing." good times, CreditSights says, enhanced disclosure would be nice, but right now it's "a recognition of how bad it can get if the UAW turns this whole situation the wrong way."
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