[grb]

They keep this up and I might have to buy another Ford

[mnehring]

Don’t be fooled, they are seeking aid, they are just spinning it real well. They don’t want a ‘bailout’ they are asking for an open line of credit instead. Their marketing department is going full swing on this.

[mosaicwolf]

If you think about it the hidden agenda to the socialist stimulus package has to do with making up lost tax revenues from the economic downturn. The kommisars don't want to tighten their own belts so they just print money to make up the difference.

[alloysteel]

Ford is in rather a different position, in that they have extensive overseas manufacture and distribution operations, and only their North America operation is suffering at the moment.

Their probable best strategy - let the North American operations shrink to match the market acceotance in this country, and shift their operations here to importation and assembly of components manufactured elsewhere. Eventually the world headquarters ought be shifted to another country altogether, and they maintain only a subsidiary in this country.

Might be a strategy for a number of other corporations to follow.

[Yo-Yo]

They lost twice the amount per share that the stock is currently trading for.

[tips up]

Smart of them. Once they accept federal money, the feds will own them.

Maybe they took a lesson from Hillsdale College, also in Michigan, about not accepting federal money.