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jamis359

Registered: Nov 2004
Posts: 302

11-12-06 04:19 AM

Ford and GM won't disappear. Congress will step in and take over the health and pension plans, which will keep both the corporations and the unions afloat.

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acronym

Registered: Jul 2005
Posts: 5003

11-12-06 04:35 AM

Quote from jamis359:

Ford and GM won't disappear. Congress will step in and take over the health and pension plans, which will keep both the corporations and the unions afloat.

Is this based on the idea of a symbolic gesture from the government, to maintain the illusion of domestic manufacturing in the eyes of the public (voters)?

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rateesquad

Registered: Mar 2006
Posts: 806

11-12-06 04:40 AM

How about those new Saturns from GM.

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acronym

Registered: Jul 2005
Posts: 5003

11-12-06 07:12 AM

You asked for it, ford will declare bankruptcy in march 2009.

There may be a takeover threat in late 2007, but it doesnt improve profitability of the us franchise of ford, and it dwindles to nothing over the next couple of years due to a lifelong commitment to poor quality and squeaky components.
About 30 years to late, imo

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Comptalk

Registered: Jul 2006
Posts: 469

11-12-06 09:21 AM

Doubt it. The Gov't will not let Ford go bankrupt, and I do not think the DOJ will allow GM or Mercedes acquire them. Remember how well the last US acquisition went with Mercedes... In the end, the Gov't will bail it out when all else fails. Ford going belly up would not just hurt Ford, but a domino effect would happen. Not going to happen.

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HolyGrail

Registered: Jul 2006
Posts: 2803

11-12-06 02:01 PM

Ford's new CEO will turn the company around long before the government would need to bail them out.

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