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Reuters: S&P may cut debt ratings on Ford, GM, Chrysler

Started by chris, June 21, 2008, 03:41:07 PM

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chris

S&P may cut debt ratings on Ford, GM, Chrysler
      


NEW YORK (Reuters) - In another blow to beleaguered U.S. automakers, Standard & Poor's on Friday said it may cut its ratings on Ford Motor Co, General Motors and Chrysler LLC, citing financial damage resulting from high gasoline prices.
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