Monday, March 12, 2007

General Motors (GM)

GM will finally release results on Wednesday. The numbers should be very interesting. As blogged about a few Sundays ago, Citi believes GM will post a Q4 earnings shortfall due to Rescap credit provisions. Even Lehman and Bear Stearns analysts who cover GM shares have noted risk to earnings growth due to GM's exposure to subprime lending by way of Rescap.

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