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S&P's Schulz Says Slowing Economy May Overwhelm GM, Ford

Date: 10/10/2008
Length: 00:03:29

Oct. 10 (Bloomberg) -- Robert Schulz, an analyst with Standard & Poor's, talks with Bloomberg's Carol Massar and Jeff Green about the impact of the economic slowdown on U.S. automakers General Motors Corp., Ford Motor Co. and Chrysler LLC. S&P said yesterday it may cut GM and Ford ratings further because the carmakers face a "serious challenge" in 2009.

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