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Bailout... Isn't this the point of business?
http://www.foxnews.com/politics/2008...o-bailout-car/
"We do not face a near-term liquidity issue, and we will not be seeking a short term bridge loan," the company said in a statement Monday night. "But Ford fully supports an effort to address the near-term liquidity issues of GM and Chrysler, as our industry is highly interdependent and a failure of one of our competitors could affect us." "Affect us". Hell yes. It means you sell more cars... |
it also means the suppliers that feed both of them could go out of business or at best have to raise prices to equalize losing half their business.
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Originally Posted by SmokeyBear
(Post 3483922)
it also means the suppliers that feed both of them could go out of business or at best have to raise prices to equalize losing half their business.
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