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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Win-Lose-Draw who started this subject3/7/2003 8:45:16 AM
From: Softechie  Read Replies (3) of 11447
 
WOOOOO!!! F Ford Motor: analyst sees possible bankruptcy (7.45)
The Daily Telegraph reports that a scathing examination by Sean Egan, founder of the Egan-Jones ratings agency and the analyst who reportedly predicted WorldCom and Enron would go bust long before Wall Street realized it, puts Ford's future in doubt; Egan offers 8 reasons why the co could be in serious trouble, including huge pension fund liabilities and a lack of cash to fund borrowings. "If it didn't have the name Ford, it would be in bankruptcy right now."
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