Delphi fka DPH

[gaboracs]

It's not all totally forever settled just yet, but I am staying out of jail, staying honest, staying clean and sober going on 14 months come this 13th of November.

Wow! that's just 9 days away!

I currently work 9-5 at a mortgage company.

A mind like mine is a terrible thing to waste!

GM Bond Prices Slip on Sale Announcement

Thursday November 3, 4:26 pm ET

GM Bond Prices Slip on Announcement of Company Weighing Sale of Majority Stake in GMAC Unit


NEW YORK (AP) -- The bond market has already taken the GM out of GMAC.

Since General Motors Corp. said on Oct. 17 that it's considering the sale of a majority stake in lucrative financing arm General Motors Acceptance Corp., their bond prices have diverged markedly.

Investors have assigned the securities a new value based on the outcome of a sale, which could net GM as much as $15 billion for a 51 percent stake.

So far, no potential buyers have announced they are interested.

But that would about cover their pension liability with Delphi wouldn't it?

http://biz.yahoo.com/ap/051103/gm_gmac.html?.v=2