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Ford regains credit rating and blue logo (Investment grade again)
The Financial Times ^ | 5/22/2012 | Shannon Bond

Posted on 05/22/2012 6:41:05 PM PDT by taildragger

Ford Motor has regained its investment grade rating from Moody’s, 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 ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: bondrating; ford; investmentgrade

1 posted on 05/22/2012 6:41:15 PM PDT by taildragger
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To: taildragger
No more Junk Bond Status and they get their buildings, Logo, intellectual property via the loss of the liens back.

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...

http://finance.yahoo.com/q?s=f&ql=1

2 posted on 05/22/2012 6:45:50 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: taildragger

BTTT


3 posted on 05/22/2012 6:51:47 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: taildragger

It’s simply because AMERICANS will NOT BUY FROM OBAMA MOTORS, and his Union Extortionist/money-laundering buddies.


4 posted on 05/22/2012 7:23:59 PM PDT by traditional1 (Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: taildragger

Good for them.

Hey...GM... how ya doin’ YA TOADS!


5 posted on 05/22/2012 7:55:00 PM PDT by bossmechanic (If all else fails, hit it with a hammer)
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To: taildragger

Facebook will be the answer to a trivia question in 5 years


6 posted on 05/22/2012 8:15:24 PM PDT by HereInTheHeartland (We are the 53%. 47% of Americans pay no taxes; end the free ride...)
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To: traditional1

That helped, but the real reason is that Ford worked their butts off to earn the business and put out good product.


7 posted on 05/22/2012 11:34:13 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Spktyr
"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.

8 posted on 05/23/2012 3:45:49 AM PDT by traditional1 (Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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