"Moody’s Cuts Ford’s Bond Rating to Junk Status" - Survivalist Forum
Survivalist Forum

Advertise Here

Go Back   Survivalist Forum > >
Articles Classifieds Donations Gallery Groups Links Store Survival Files


Notices

Financial Forum Economics and Precious Metals

Advertise Here
Reply
 
Thread Tools Display Modes
Old 09-13-2019, 03:52 PM
Mere_Man's Avatar
Mere_Man Mere_Man is offline
Suffering Your Stupidity
 
Join Date: Sep 2014
Location: Reality
Posts: 8,003
Thanks: 27,855
Thanked 45,063 Times in 6,853 Posts
Default "Moody’s Cuts Ford’s Bond Rating to Junk Status"



Advertise Here

https://www.wsj.com/articles/moodys-...us-11568067924

Quote:
Moody’s Investors Service cut Ford Motor Co.’s bond rating to junk status, citing weak cash generation and a yearslong restructuring plan that the auto maker is undertaking just as the car market softens globally.
Quick reply to this message
Old 09-13-2019, 03:53 PM
Revmgt Revmgt is offline
Survivor
 
Join Date: Jul 2013
Location: South florida
Posts: 5,231
Thanks: 8,820
Thanked 14,403 Times in 3,844 Posts
Default

I thought they were too big to fail...
Quick reply to this message
Old 09-13-2019, 03:55 PM
CPT_MOOSE1988 CPT_MOOSE1988 is offline
Preparing....Networking
 
Join Date: May 2019
Location: central kalifornia
Posts: 129
Thanks: 162
Thanked 274 Times in 88 Posts
Default

ford has always been junk.....now its official on paper.
Quick reply to this message
The Following User Says Thank You to CPT_MOOSE1988 For This Useful Post:
Sponsored Links
Advertisement
 
Old 09-13-2019, 03:59 PM
Justme11's Avatar
Justme11 Justme11 is online now
Wile E Coyote, Genius.
 
Join Date: Jul 2013
Location: Houston
Posts: 33,047
Thanks: 38,217
Thanked 87,042 Times in 24,941 Posts
Default

When Ford decided to quit making cars, I took that as a clue.
Quick reply to this message
The Following 2 Users Say Thank You to Justme11 For This Useful Post:
Old 09-13-2019, 04:31 PM
Chuckleberry Chuckleberry is offline
I love this Forum.
 
Join Date: Aug 2016
Location: NoDak
Posts: 4,841
Thanks: 6,223
Thanked 13,553 Times in 3,852 Posts
Default

`

They're the only one that didn't need bailing out by the govt, when the other two did. Looks like they've really screwed the pooch in the last 8-9 years.

.
Quick reply to this message
Old 09-14-2019, 12:38 PM
Mule Skinner Mule Skinner is offline
Survivor
 
Join Date: Aug 2010
Posts: 4,197
Thanks: 2,209
Thanked 3,966 Times in 1,860 Posts
Default

Quote:
Originally Posted by Justme11 View Post
When Ford decided to quit making cars, I took that as a clue.
It will be interesting to see how the local dealers are affected by not having this product to sell. The Ford dealer in my town also sells Chrysler products (but not Fiat). Will local buyers switch over from Fords to Mopars?
Quick reply to this message
Old 09-14-2019, 01:22 PM
Asag's Avatar
Asag Asag is offline
D. Gibbons is a bad man
 
Join Date: Dec 2013
Posts: 5,401
Thanks: 2,153
Thanked 4,848 Times in 2,524 Posts
Default

Quote:
Originally Posted by Chuckleberry View Post
`

They're the only one that didn't need bailing out by the govt, when the other two did. Looks like they've really screwed the pooch in the last 8-9 years.

.
They were not in the worst shape (comparatively) prior to the Great Recession but product wise they have been knocking out unappealing formulaic tin cans.
Quick reply to this message
Old 09-14-2019, 01:49 PM
NCalHippie's Avatar
NCalHippie NCalHippie is offline
Survivor
 
Join Date: Jun 2013
Posts: 15,830
Thanks: 35,352
Thanked 29,904 Times in 11,078 Posts
Default

Quote:
Originally Posted by Chuckleberry View Post
`

They're the only one that didn't need bailing out by the govt, when the other two did. Looks like they've really screwed the pooch in the last 8-9 years.

.
They didn't take the bailout, but sold off Jaguar and I believe Land Rover instead. Possibly a bad move on their part.
Quick reply to this message
Old 09-14-2019, 01:59 PM
HomeDefense's Avatar
HomeDefense HomeDefense is online now
Dog Lives Matter
 
Join Date: Oct 2009
Location: Hellfire, Arizona
Posts: 5,956
Thanks: 3,631
Thanked 24,200 Times in 5,152 Posts
Default

Quote:
Originally Posted by NCalHippie View Post
They didn't take the bailout, but sold off Jaguar and I believe Land Rover instead. Possibly a bad move on their part.
They didn't need the bailout. At the time, they were in much better shape than GM. Obama didn't force it on the car manufacturers like he did the banks.

Taxpayers lost a lot of money in the GM bailout. The gubbermint purchased the stock in the $50 to $55 range and quietly sold it in the $30 to $35 range. The only thing GM actually paid back was the loan for operating expenses, which they paid for out of the overpriced stock purchased by the sucker taxpayers.

U.S. government says it lost $11.2 billion on GM bailout

GM made $22.6 billion. We lost $10.6 billion

Saving union jobs does not come cheap.
Quick reply to this message
Old 09-15-2019, 11:24 AM
AngryRed's Avatar
AngryRed AngryRed is offline
Learning
 
Join Date: Apr 2010
Location: In the Desert
Posts: 1,188
Thanks: 1,712
Thanked 1,968 Times in 705 Posts
Default

This one hurts. I'm pretty long Ford, as in when it was up around 16 a share. Great dividend but damn the long term planning and investor communication are crap.
Quick reply to this message
Reply

Bookmarks



Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Survivalist Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Gender
Insurance
Please select your insurance company (Optional)

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 10:18 PM.


Powered by vBulletin®
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Optimisation provided by DragonByte SEO (Lite) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
Copyright © Kevin Felts 2006 - 2015,
Green theme by http://www.themesbydesign.net