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TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.
"09-50026."
That number is General Motors'(GM Quote) bankruptcy petition. The failure was so predictable that, by the end, it almost inevitably had some bearing on Visteon(VC Quote) filing for Chapter 11 last Thursday, owed $9.8 million by GM and now on the creditors' list filed with the Southern District of New York U.S. Bankruptcy Court.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,394.11 | 1,104.56 | 2,189.05 | 34.55 |
Oil *
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10 Yr
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+0.05%
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