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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: g_w_north who wrote (153091)10/10/2002 1:41:13 PM
From: tejek  Read Replies (2) | Respond to of 1585079
 
<F is crumbing and about to go under. Currently, it is trading at $7. Just in case you don't know what F stands for......that's Ford, our second largest car maker. Its sitting on a ton of debt and its feared it will default. I am trying to remember what O'Neill or Bush are doing about it...oh, wait, nada. Let me try to remember what they are saying they are going to do about it.........oh, wait, nada. Let me try to remember what they are even saying about F.......oh, wait, nada!>

No offense but... Ford's suck. Is the government supposed to bail out every company that has made bad business decisions? For made its own bed. I don't agree with the airline bailout either. Their are way too many anyway.


I don't like bailouts either. I would not support an airline bailout. However, in the case of Ford I would make an exception. We have only two auto companies left and this one is a major employer. I think we would be foolish to let it go down.

ted



To: g_w_north who wrote (153091)10/10/2002 2:48:42 PM
From: Joe NYC  Read Replies (2) | Respond to of 1585079
 
g_w_north,

I don't think Ford cars are bad, but I think Ford management is bad. They bend over every time and let the unions do their thing, ove and over. No wonder that they are in poor financial health.

Joe