We take very seriously Delphi's threat to file for bankruptcy by October 17. If Delphi files for bankruptcy, we couldn't rule out a ratings change (for GM).

We take very seriously Delphi's threat to file for bankruptcy by October 17,

In the past we might have felt at different points that the concerns about bankruptcy risk were way overplayed.

In the past, we might have felt at different points that the concerns about bankruptcy risk were way overplayed.