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kane · 12-09-2008, 04:02 PM

Bloomberg is reporting that there will be a 15 billion dollar bailout soon and that Ford has decided it won't take part in it that they think they have enough cash to restructure their business and be profitable by 2011.

This makes me wonder. Clearly they were there just looking for a handout because otherwise why would they go? If they think they have enough cash to turn the company around and get it profitable without the government's help, why did they go before congress to ask for money? I think they were just hoping for a free check.

12-09-2008, 04:02 PM
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	Bloomberg is reporting that there will be a 15 billion dollar bailout soon and that Ford has decided it won't take part in it that they think they have enough cash to restructure their business and be profitable by 2011. This makes me wonder. Clearly they were there just looking for a handout because otherwise why would they go? If they think they have enough cash to turn the company around and get it profitable without the government's help, why did they go before congress to ask for money? I think they were just hoping for a free check.