Skip to comments.Ford regains credit rating and blue logo (Investment grade again)
Posted on 05/22/2012 6:41:05 PM PDT by taildragger
Ford Motor has regained its investment grade rating from Moodys, triggering the release of all the assets the US carmaker put up to secure its loans, including its iconic blue oval logo.
Alan Mulally, Ford chief executive, called the upgrade an important milestone for the carmaker, which emerged less scathed than rivals from the 2008 crisis that led to bankruptcy and government bailouts for General Motors and Chrysler.
(Excerpt) Read more at ft.com ...
It is funny the same day Fakebook tanks which makes nothing and Ford which makes something gets back to Investment grade and that is not big news.
Go here for a ton of links to other stories on the subject...
It’s simply because AMERICANS will NOT BUY FROM OBAMA MOTORS, and his Union Extortionist/money-laundering buddies.
Good for them.
Hey...GM... how ya doin’ YA TOADS!
Facebook will be the answer to a trivia question in 5 years
That helped, but the real reason is that Ford worked their butts off to earn the business and put out good product.
It's the difference between a Privately directed, vs. a Union/Socialist/Govt. directed business. Bailing out the UAW (and thus buying the Blue Collar votes, and laundering Taxpayer money via Union Dues to the DNC) does NOT sit well with Americans who pay attention.
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