Can you explain this/ tell me where you read/ heard it? The implication is that their debts would be greater than their assets, in which case, why would anyone loan them more than their worth? Isn't that the point of collateral, offer something up with value equal to the loan? I'm not doubting you, I'm merely curious!
Mike On 12/3/06, Bill Gallagher <[EMAIL PROTECTED]> wrote:
Additional note most news wire left out: After the loan is finalized , Ford's stock will have a negative value. How much was not mention.... good stock to look at when the problems are nearly over ... Bill 1981 300 TD tom savage wrote: > Craig McCluskey wrote: > > >> I didn't see anything about this. Please explain. (I do know what you mean >> by the "Blue Oval", it's the mortgaging the rights I'm curious about.) >> > > New CEO Alan Mullaly has put nearly all of Ford's assets up as > collateral to finance its Way Forward turnaround program. Among them > are the rights to the Blue Oval trademark. > > "This week, Ford had to mortgage virtually all its most valuable assets > — including its factories, the Swedish automaker Volvo and even its blue > oval trademark — to guarantee $18 billion in loans that will pay for its > turnaround efforts." > > From: http://www.nytimes.com/2006/12/02/business/02motors.html > > Tom > > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
