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Reuters: Investors see higher risk of GM default

Started by chris, June 27, 2008, 12:41:07 AM

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chris

Investors see higher risk of GM default
      


NEW YORK (Reuters) - General Motors Corp's  assurance on Thursday that it has sufficient liquidity did not prevent credit investors pricing in a 75 percent chance that the largest U.S. automaker would default on its debt in the next five years.
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