Chrysler Recalling 349,442 Older Model Vehicles

The transcript discusses Chrysler's ignition key issue, which may cause keys to get stuck, leading to a minor accident. General Motors received a credit rating upgrade from Standard & Poor's, indicating stable financial prospects despite recall costs. Sears, led by Edward Lampert, faces financial difficulties and failed to secure a $400 million loan from Saint Joe, as it seeks more funds to cover mounting losses.

What issue is Chrysler facing with their ignition keys?

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What was General Motors' new credit rating status according to Standard and Poors?

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What financial outlook did SMP provide for the company's credit measures?

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What amount was Sears looking to borrow to cover its losses?

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Who is the hedge fund investor running Sears?

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