LOL.. CSHD Venezuela bond ratings are better than GM's rating:
General Motors and all related entities had their ratings cut two notches to BB from BBB.
The move affects about $300 billion of debt from the world's biggest car maker. Labeling GM's bonds non-investment grade will also drive up the company's cost of doing business, making it more expensive for it to borrow money in the financial market.
Secure Vulnerable
A++, A+ (Superior) B, B- (Fair)
A, A- (Excellent) C++, C+ (Marginal)
B++, B+(Very Good) C, C- (Weak)
D (Poor)
E (Under Regulatory Supervision)
F (In Liquidation)
S (Rating Suspended
*Opinions are for informative purposes only, I may buy, sell or hold stock I discuss.