Deustche Bank: Sell Deine GM!

Man, poor GM just can't catch a break these days. They slash salaries, cut dividends, install a York on the board and the biggies still keep callin' "Sell!" This time it's Deutsche Bank makin' the mandatin', and we're not talking about flirtation between adult humans with penises, we're talkin' bout a sell recommendation from one of the larger financial institutions in the world. Still, Bear Stearns analyst Peter Nesvold calls near-term bankruptcy unlikely. You pays your money and takes your choice, puts your York in place, praise the Lord and pass out the machetes, we s'pose.

GM Shares Drop on Deutsche Bank Rating [Yahoo News via Heart of Darko]

Related:

General Motors Death Watch 55: My Kingdom for a Horse [The Truth About Cars]

GM Halves Dividend, Cuts Exec Salaries [Internal]