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Reply #23: Ford was more savvy in preparing for the credit crunch and that is what really saved them. [View All]

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-27-10 10:48 AM
Response to Reply #21
23. Ford was more savvy in preparing for the credit crunch and that is what really saved them.
http://www.nytimes.com/2009/04/09/business/09ford.html

Basically they borrowed billions in 2006 to restructure the firm when funds were plentiful. It's the financial guys at Ford who saved their butts.
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  -General Motors: We all fall down Pirate Smile  Nov-25-10 07:39 PM   #0 
  - It feels good to have saved an American icon.  dkf   Nov-25-10 07:42 PM   #1 
  - I like how they went with the universal theme that we all fall down. Then we root for the comeback.  Pirate Smile   Nov-25-10 08:03 PM   #2 
  - Yeah it was well thought out and executed.  dkf   Nov-25-10 10:22 PM   #6 
  - Typical GM. Long on emotion..but devoid of facts.  TwentyFive   Nov-26-10 06:51 PM   #21 
     - Ford was more savvy in preparing for the credit crunch and that is what really saved them.  dkf   Nov-27-10 10:48 AM   #23 
  - GM, class act. nt  Snotcicles   Nov-25-10 08:58 PM   #3 
  - I like that commercial alot, but notice how in the video that the icons they referenced  OneTenthofOnePercent   Nov-25-10 09:03 PM   #4 
  - GM picked themselves up.  tabatha   Nov-26-10 12:06 AM   #9 
  - Great Ad!  nradisic   Nov-25-10 10:17 PM   #5 
  - I think it's about the best ad ever.  lumberjack_jeff   Nov-25-10 10:39 PM   #8 
  - GM, showing its class. Humbly thanking those who helped  ooglymoogly   Nov-25-10 10:36 PM   #7 
  - That was a very good ad. n/t  Lugnut   Nov-26-10 12:29 AM   #10 
  - I made a point to buy American-made cars  suzanner   Nov-26-10 09:06 AM   #11 
  - Nice. Have any of the banksters who have robbed us blind, thanked us for the bail out?  1monster   Nov-26-10 10:16 AM   #12 
  - "Was it over when the Germans bombed Pearl Harbor?"  Ezlivin   Nov-26-10 10:41 AM   #13 
  - Nice ad, but GM is still guilty of fucking their retirees  Auggie   Nov-26-10 10:56 AM   #14 
  - Very true, and the 2 tier wage system assures much lower wages and benefits for the  54anickel   Nov-26-10 12:18 PM   #15 
  - I wonder what the responses would look like  sheldon   Nov-26-10 01:10 PM   #16 
  - Remember, they are a multinational corporation that would drop us in  alfredo   Nov-26-10 02:53 PM   #17 
  - +1000 n/t  Subdivisions   Nov-26-10 03:49 PM   #18 
  - yeah, yeah---now where are the affordable, safe cars with high mpg?  wordpix   Nov-26-10 04:48 PM   #19 
  - I saw it for the first time last night  MrScorpio   Nov-26-10 05:16 PM   #20 
  - Wow! Pretty amazing! Very heart felt.  Kennah   Nov-26-10 07:22 PM   #22 
 

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