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To: reaper who wrote (226146)3/7/2003 9:41:50 AM
From: MythMan  Read Replies (4) | Respond to of 436258
 
>>8:41AM Ford Motor: analyst sees possible bankruptcy (F) 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."<<



To: reaper who wrote (226146)3/7/2003 9:57:03 AM
From: Win-Lose-Draw  Respond to of 436258
 
yeah, noticed that junk bond thing. no doubt people are saying "but...but...buffet is doing it!".

scary.



To: reaper who wrote (226146)3/7/2003 10:11:43 AM
From: Tom M  Respond to of 436258
 
re:leaving money markets, I had been feeling too complacent lately after various panic attacks over the years so I'm finally down to almost nothing trusted there. "Preserved" much in CD's years ago, and just blew some on a long vacation while it was still there -g-. Recently took the non-FDIC insured money market account down more by closing on a piece of prime land that I got for half the price it sold at in the last real estate cycle top. For Sale sign was up for years & I think everyone (including myself) felt it couldn't have been affordable. Sometimes DD still pays off!