Thread: Who's fault is it?
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Old 06-03-2009, 11:34 PM
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427sharpe 427sharpe is offline
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The only way Ford can stay competitive now is by UAW redrawing their contract voluntarily to get in line with Chrysler/GM. And how will Ford Pay? Only way I see is to follow the lead and give them +/-20% of company for benefits/health costs. And STILL Ford would have to address the debt issue. Maybe now would be a good time to renegotiate with bond holders. Offer them 30 cents on the $ and stock conversion as opposed to BoBo's 21 cents and the door and see what happens.
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