UPDATE 1-GM, Ford debt protection costs hit records


(Updates prices, adds analyst quotes, rewrites throughout) NEW YORK, June 26 (Reuters) - The cost to insure the debt of General Motors Corp and Ford Motor Co hit record highs on Thursday on concerns about the liquidity of the sector. Stock options protecting against a drop in GM's share price were also actively traded. Automakers have been burning through cash as they restructure their operations, while plummeting sales of vehicles is delaying their recovery. Goldman Sachs on ...

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