Ford Motor bailout posts

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Ford (F) may need bailout money after all, says Barclays

Ford Motor (NYSE: F) recently indicated that it doesn't anticipate needing federal bailout money. The automaker is in the same heap of trouble as its competitors, but has handled costs and other infrastructure items better with CEO Alan Mulally at the wheel in recent years.

But everything may come to a pass later this year, according to Barclays' analyst Brian Johnson. Johnson indicated that even Ford will need to tap the federal spigot at some point. That is, unless a miraculous revival in new auto sales happens...starting yesterday. Johnson even cut his price on Ford shares to $1 from the previous $4 mark. That's bed sentiment I think -- right?

Continue reading Ford (F) may need bailout money after all, says Barclays

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Last updated: May 26, 2012: 07:42 PM

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