Despite its recent successes at negotiating new contracts and its refusal, so far, to accept government funds, when General Motors (NYSE: GM) goes into Chapter 11, Ford (NYSE: F) will have to do the same to remain competitive.
Given the ferocity of this downturn, if it didn't accept government handouts, it would probably end up in some form of forced re-organization anyway.
Real shareholder value: zero
Michael Shulman is a contributor to OptionsZone.com.











Reader Comments (Page 1 of 1)
3-16-2009 @ 5:05PM
Possey said...
This dribble is precisely why you should not depend on blogs for any usefull information, No research to back up his claim, no numbers, just a Bush style Gut feeling. Blah Blah Blah, I'm sure you are just trying to cover you shorts or just baseing your feelings on the fact that you drive a Honda -