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To: Think4Yourself who wrote (257602)	6/30/2010 2:10:24 PM
From: Bank Holding Company	Respond to of 306849

Ford Motor to repay $4B more in debt (AP:DETROIT) Ford Motor Co., the only Detroit automaker to avoid bankruptcy protection, said Wednesday it will reduce its huge debt by another $4 billion as it continues to show signs of financial strength. The Dearborn, Mich., automaker will pay $3.8 billion in cash to a United Auto Workers trust fund that pays retiree health care bills, and it will pay out $255 million in dividends on preferred securities that had been deferred as the automaker worked its way through financial troubles. The company now will make quarterly payments on the securities, which are a combinaton of preferred stock and bonds.