The end of Fix Or Repair Daily?

[Yurt]

Kerkorian sells off Ford shares at deep loss


DETROIT (Reuters) – Billionaire investor Kirk Kerkorian has sold off all of his remaining shares of Ford Motor Co, completing a retreat from a high-profile stake in the No. 2 U.S. automaker that cost him hundreds of millions of dollars.

http://news.yahoo.com/s/nm/20081229/bs_nm/us_ford_kerkorian

[April15]

First On Race Day is well on its way to returning to profitability. There problems started a few years ago not just this year. They have retooled and have a great lineup of fuel conserving cars and hybrids.

[Yurt]

if you say so...

maybe they can fix the ford sound (read rattles) while they are at it...never met a ford that did not rattle

[Kathianne]

Never fear, the Congress is about to set the parameters for the automakers, all will be well. :gag:

[Yurt]

Never fear, the Congress is about to set the parameters for the automakers, all will be well. :gag:

:laugh2:

we the people declare there shall be no more rattles! and the messiah will make it happen!

[5stringJeff]

Found On Roadside Dead might actually pull out of this. GM and Chrysler might not.

[Yurt]

Found On Roadside Dead might actually pull out of this. GM and Chrysler might not.

why do you think so?

[5stringJeff]

Ford's in a better financial situation.

[Yurt]

Ford's in a better financial situation.

then why are they asking for a handout?

[5stringJeff]

I believe they said they didn't need one.

[Mr. P]

then why are they asking for a handout?

I think I heard today they were not taking any $$ right now. I may be wrong but that's what I think I heard reported.

[Yurt]

I believe they said they didn't need one.

i never understood that...they go to the government...say we don't need a handout...but here we are asking for one, er a loan....they are still going to the government asking for money


I think I heard today they were not taking any $$ right now. I may be wrong but that's what I think I heard reported.

ok, why did they go before congress then?

[Mr. P]

i never understood that...they go to the government...say we don't need a handout...but here we are asking for one, er a loan....they are still going to the government asking for money



ok, why did they go before congress then?

A show for the unions perhaps..I donno.

[April15]

Fine Old Ready Dependable asked for a line of credit because the financial market is so bad that Ford was unable to get a line of credit to fall back on if need be.