• 15 Oct 2008 at 10:17 AM

Credit Where Credit Is Due

By Bess Levin

Ford Executive on CNBC just now:
“One of the great myths is that there is no credit available out there.”
What’s the other one? That F is headed to zero?

Comments (21)

  1. 1
    Posted by guest | October 15, 2008 at 10:24 AM

    Get Some #1
    There is credit – just not for non-local businesses.

  2. 2
    Posted by guest | October 15, 2008 at 10:26 AM

    ford sucks

  3. 3
    Posted by guest | October 15, 2008 at 10:28 AM

    Fix Or Repair Daily

  4. 4
    Posted by guest | October 15, 2008 at 10:29 AM

    Found on Road Deserted

  5. 5
    Posted by guest | October 15, 2008 at 10:30 AM

    Mark it zero or you are entering a world of pain

  6. 6
    Posted by guest | October 15, 2008 at 10:30 AM

    Even as people were being turned down for mortgages months ago they were still saying “there is credit out there”.

  7. 7
    Posted by guest | October 15, 2008 at 10:31 AM

    Even as people were being turned down for mortgages months ago they were still saying “there is credit out there”.

  8. 8
    Posted by guest | October 15, 2008 at 10:32 AM

    “One of the great myths is that vessels cannot be built to be unsinkable….”
    ~White Star Line, 1914

  9. 9
    Posted by guest | October 15, 2008 at 10:32 AM

    DJIA > american cars

  10. 10
    Posted by guest | October 15, 2008 at 10:34 AM

    Failure of R & D.

  11. 11
    Posted by diablo | October 15, 2008 at 10:36 AM

    GMAC is giving you a loan if your FICO is greater than 700. So you can buy a car using GMAC financing if you are in the top 58% of the consumers. Or say it the other way, 42% can’t get a loan thru GMAC to buy a car. That hurts auto sales.
    I don’t know what the other myth is. Global warming? Drill, drill, drill? Money grows in trees? I’m clueless.

  12. 12
    Posted by guest | October 15, 2008 at 10:40 AM

    Uh, I hate to agree with anyone related to Ford, but he or she is correct. Credit is still available for industrial companies, even if it is not for financials.
    Just because you can’t get laid Saturday night doesn’t mean everyone else isn’t getting some.

  13. 13
    Posted by guest | October 15, 2008 at 10:44 AM

    Plenty ‘o credit out there for us farmers. Our Ag Econ guys don’t know how to create structured derivatives for farm loan bundles, so no screw ups there.
    ~”Till” Disker,
    10 mile south of Mason City, IA
    Farmer Extraordinaire

  14. 14
    Posted by guest | October 15, 2008 at 10:52 AM

    Fucked Over Rebuilt Dodge

  15. 15
    Posted by guest | October 15, 2008 at 10:54 AM

    Off Topic but….bald and beard are going down in flames with their fearless leader Bush. Failed policy after failed policy. This admin has had more failed policies than the F.

  16. 16
    Posted by guest | October 15, 2008 at 11:06 AM

    Ford has come up with a new option for on the F150, a heated tailgate.
    That way when you’re pushing it in the winter, your hands stay warm.

  17. 17
    Posted by guest | October 15, 2008 at 11:17 AM

    Ford’s new Flex AWD crossover, which looks like a cross between an elongated Scion xB and a Mini Cooper, has an MSRP starting at $37K and fully loaded is close to $45K. Even in the best of times whoTF would pay $45K for a glorified station wagon and from Ford nonetheless?

  18. 18
    Posted by guest | October 15, 2008 at 11:37 AM

    Who knew F-150 was not a truck, it was a prediction – $1.50

  19. 19
    Posted by guest | October 15, 2008 at 11:54 AM

    I just bought a new Navigator to replace my wife’s X5. Love it, awesome SUV.
    And $18K off the $58k sticker.

  20. 20
    Posted by guest | October 15, 2008 at 12:05 PM

    Found on Road Dead

  21. 21
    Posted by Suits | October 15, 2008 at 12:49 PM

    Fix It Again, Tony.
    Oh, crap, that’s Fiat.

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