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Old 12-19-2008, 03:55 PM   #56
fastball
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Drives: 2017 Camaro 2SS 6MT
Join Date: Aug 2006
Location: Cleveland, Ohio
Posts: 4,372
Quote:
Originally Posted by Georgie View Post
ford gets a bad rap by GM loyalists and usually is the number 1 target of import drivers but they didn't ask for money upfront and are trying to resurface on their own accord without taxpayer dollars, that's pretty darn good on Ford's part and i'm proud of them for doing so :flag2:
Allan Mullaly had the forsight to refinance and pull equity out of the company and create more liquid cash shortly after he took over from Bill Ford Jr. He obviously didn't forsee this situation, but nonetheless it was a shrewd move on his part hindsight being 20/20.
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