What has me worried is what effect Ford's request to bondholders to cash in at a 70% loss will have on prices. That doesn't show me the confidence I thought Mulally had in being able to go it alone. No Ford stock here, but I sure don't intend to let the bonds go without a fight.
thanks hrt, you can't believe anything you see on tv,for example,back a few weeks ago GM said that BK is not an option. Now thats all I hear and if that happens to Gm their stock would be worthless. I don't have GM but got loads of F and am surly underwater but Yes I hope they are not just leading us along.