bankrupt

explain this
Fitch upgrades GM's issuer default rating to BB+
Fitch Ratings said Friday it has boosted General Motors Co.'s issuer default rating from BB to BB+, which is just below investment
grade status.
The ratings company said GM has a stable outlook and it also affirmed General Motors Financial Co. Inc.'s rating of BB.
Fitch Ratings said the upgrade comes as GM continues to generate positive free cash flow, has strong liquidity, reduced pension obligations and improved products.
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On 8/24/12 5:27 PM, Tom wrote:

And their market share shrinks.
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