Ford swings to $2.7 billion profit

[Good Luck]

There are different types of bankruptcies and different outcomes of those different types of bankruptcies. The purpose of the bailout was to avoid a (edit:complete) liquidation, which it did.




Well, that was the argument before the bailout. Whether it was worth is depends on you view of those issues and what you think the results of a GM liquidation would look like in the midst of a severe recession.

You'd have a point if GM had, indeed, ever looked at complete liquidation bankruptcy. They did not. They were always looking at restructuring under bankruptcy protections against their creditors. The idea that GM was looking at or threatened with liquidation was nothing more than an implication spread by the fear mongers to justify government interference.

And Chrysler was not even in as bad shape as GM, but still used the "can't go bankrupt" fear mongering to grab a bunch of tax payer money to make up for poor management decisions. (Managers, who, btw, still received their 8 or 9 figure bonuses for doing such a good job running their respective companies into the ground.)

 

[Topspin]

I made some nice returns on ford in the late 90's, still to soon for me to touch it now.

Ford would have failed if GM and Chrysler didn't get the bailout. Que the fake lawyer Yurtsie to blast some more BS non sense.

 

[Cancel 2018. 3]

I made some nice returns on ford in the late 90's, still to soon for me to touch it now.

Ford would have failed if GM and Chrysler didn't get the bailout. Que the fake lawyer Yurtsie to blast some more BS non sense.

pure speculation from the phony mba oil guy....

btw...any moron who spells loan - lone....never went to college and at most, maybe passed 3rd grade...no wonder you are so insecure over your education level

 

[Canceled1]

pure speculation from the phony mba oil guy....

btw...any moron who spells loan - lone....never went to college and at most, maybe passed 3rd grade...no wonder you are so insecure over your education level

It's intentional.

 

[Minister of Truth]

As I've pointed out before, business magazines back in 1990 were ranking the Big 3 as the corporations which made the absolute worst business decisions during the preceeding decade. Obviously, very little changed in that over the succeeding 18 years, although Ford seems to have cleaned up its act in time.