GM, Ford Rated High-Risk The Detroit News reports that after Standard & Poor's flagged the debt-rating of General Motors and Ford as high-risk, the State of Michigan can no longer buy bonds or commercial paper from the companies. Michigan will still consider buying GM and Ford stock for pension funds. Read GM, Ford bonds off-limits for Michigan in the Detroit News Posted/updated May 6, 2005 by Andrew McFarlane (Absolute Michigan) click to Send This Story to a Friend! Main Michigan News Page Go Back One Page

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