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Author Topic: Did Ford escape bankruptcy only to get buried by debt?  (Read 1201 times)

ThunderBird Master

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Did Ford escape bankruptcy only to get buried by debt?
« on: April 30, 2010, 06:00:19 AM »
Did Ford escape bankruptcy only to get buried by debt?
28 April 2010, 1:05 pm

The $23.5 billion loan Ford received in 2006 that kept the Michigan automaker out of bankruptcy court – unlike cross-town rivals General Motors and Chrysler — but the resulting debt could be threatening the company’s turnaround plan.  Ford may have posted a $2.1 billion profit during the first quarter, but the Blue Oval is still fighting [...]  

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