Michigan is Imploding Again

[313WX]

Ford won't go bankrupt. They're sitting on a liquid war chest that most companies could only ever dream about. They definitely need to get their crap together this year and I'd say broom Hackett, but we will see.

The war chest isn't as big as you make it seem.

Ford only has $34 billion in cash on hand [[and that's including everything it would have to mortgage), but current liabilities are $98 Billion in total. All it will take is a mere several consecutive quarters of losses to wipe out that "chest."

True, Ford has a war chest most companies can only dream about, but it also has overhead that most companies only have nightmares about.