Change font size:   

Auto Loans Rise On Bankruptcy Hope  November 26, 2008


General Motors and Ford Motor Co. loans both rose slightly Monday morning on a report GM's board hasn't ruled out bankruptcy as an option. GM loans gained a couple of points to trade at 31 1/2-34 Monday and Ford rose to 32 1/2-34 1/2, both up from around 32 Nov. 21.
The loans traded up because ...

--------------------------------------------------------------------------------

To continue reading this article, please subscribe or take a free trial.
Subscribe

Subscribers have unlimited access to all current content, email alerts and breaking news. Start your subscription today - click on the button below.

Subscribe

Free Trial

Taking a free trial will give you access to the current issue, email alerts and breaking news for a limited period. Start your free trial today.

Free Trial

Already Have An Account?

Username:
 Password:
Please read our Terms and Conditions and Privacy Policy before using the site.
All material subject to strictly enforced copyright laws. © 2007 Institutional Investor Ltd.