- Joined
- Apr 1, 2005
- Messages
- 578
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- 42
Ford announced this morning that they made a $2.7 billion profit in 2009!
Now lets see...Chrysler and GM made? What was the difference here?? Hmmm... among other things, Ford did not sign on to the government bailout of the auto industry.
And look here... "The Dearborn-based automaker's debt load increased by $7.4 billion to $34.3 billion, largely because it took a charge of $7 billion to account for debt to a union-run retiree health-care fund. That puts Ford at a disadvantage to GM and Chrysler, who were able to shed debt in bankruptcy court." Really? I wonder what those union members think about Obama now? :wink:
Regards,
Ltstanfo
Now lets see...Chrysler and GM made? What was the difference here?? Hmmm... among other things, Ford did not sign on to the government bailout of the auto industry.
And look here... "The Dearborn-based automaker's debt load increased by $7.4 billion to $34.3 billion, largely because it took a charge of $7 billion to account for debt to a union-run retiree health-care fund. That puts Ford at a disadvantage to GM and Chrysler, who were able to shed debt in bankruptcy court." Really? I wonder what those union members think about Obama now? :wink:
Regards,
Ltstanfo