Ford (F) came within a nickel of its 52-week low yesterday, hitting $4.35. News also came out that the US car companies will urge Congress to support funding up to $50 billion in low-interest loans over three years. Perhaps the Big Three should go into the banking business. The federal support would be forthcoming more quickly.
Alan Mulally was to be Ford’s savior, replacing Bill Ford who could not get from the front door of the Ford headquarters to his Lincoln in the parking lot without a guide.
RSS Updates
Email Updates
