Texto original em inglês no WSJ.com
GM Moves Closer to a Rating Cut
By Mike Barris - Wall Street Journal
26/04/08
Moody's Investors Service took the first step toward cutting its credit rating further on General Motors Corp., saying it is concerned about GMAC LLC's ability to support its former parent's auto operations because of GMAC's struggling mortgage unit.
"GMAC has always filled a critical role in supporting GM's retail sales, and anything that lessens its ability to provide that support is a negative for GM," said Moody's Senior Vice President Bruce Clark.
GM holds a 49% stake in GMAC, which has been roiled by problems at its Residential Capital LLC unit. The subprime lender recorded $4.3 billion in losses.
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