Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next
Author: SkepikI One star, 50 posts CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 18096  
Subject: Re: Article: Detroit’s Worst Mistake Ever Date: 11/29/2012 2:25 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Perhaps. Another one of those "unknowable assumptions" because it didn't happen. AND if in two or five years we (us taxpayers) don't lose 20 or 25 Billion on GM and Chrysler produces net revenue (I'm a Skeptic, ha) I will have to eat crow. But for the moment, I am overall of the opinion (dang few facts in yet) that F will cost us all a lot less, and might well have benefited had GM not been "overly propped up" with money from the rest of us. Maybe the suppliers would have moved heaven and earth to keep their ford business and cut inefficiencies and costs out that they have yet to do? Just a thought.

And in terms of keeping it real, Mulally is a shrewd bird I suspect he had a plan B ready to go if the rescue did not go forward. Was he better off for the rescue? I would guess HE thought so at the time, but we will never know. Seems a good indicator of thoughtful and capable management at F
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

Clorox Isn't Cleaning Up
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement