Wednesday, January 31, 2007

Ford Motor Resilient

Just one day after posting its worst ever loss of 12.7 billion dollars,Ford Motor Company(F) began attracting renewed support.The stock started back uphill despite the slide of the previous quarter.This was a vote of confidence in new CEO Alan Mulally,whose Boeing turnaround is much admired.In addition,it was a realization that GM had experienced a similar blow,but was now on the way back,and F should follow suit.It was also a statement of national pride.No American wants to see this storied company fail,for it would be a tragedy to lose a part of our past.

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