Comments on: There is no plan B, we still need an automaker bailout http://www.dtownie.com/2008/12/03/there-is-no-plan-b-we-still-need-an-automaker-bailout a blog on the City of Detroit > Metro Detroit (including Windsor, Flint, Ann Arbor, and sometimes Toledo) > Southeast Michigan > Michigan > and the Great Detroit Diaspora Fri, 10 Feb 2012 15:37:44 +0000 http://wordpress.org/?v=2.1.3 By: Jason http://www.dtownie.com/2008/12/03/there-is-no-plan-b-we-still-need-an-automaker-bailout#comment-376 Jason Thu, 04 Dec 2008 01:57:41 +0000 http://www.dtownie.com/2008/12/03/there-is-no-plan-b-we-still-need-an-automaker-bailout#comment-376 Ford Motor Co., Detroit's says it's OK for now. Although it is seeking up to $9 billion in bridge financing, but says it hopes to complete turnaround without accessing the loan should Congress agree to make the funds available. But it wants the ability to access up to $9 billion in government credit. They also said that if GM fails it could take the entire domestic auto industry down with it. So FORD needs GM? http://nomedals.blogspot.com Ford Motor Co., Detroit’s says it’s OK for now. Although it is seeking up to $9 billion in bridge financing, but says it hopes to complete turnaround without accessing the loan should Congress agree to make the funds available. But it wants the ability to access up to $9 billion in government credit. They also said that if GM fails it could take the entire domestic auto industry down with it.

So FORD needs GM?

http://nomedals.blogspot.com

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