They're starting to act like a company that burned through $7 billion in cash last year.
The changes seem to reflect Bill Ford's impatience with the turnaround in North America,
I still think it's unlikely, ... I think GM has the liquidity it needs. In addition to the cash, it has $50 billion in untapped borrowing.
It's a footnote, ... I think it's a minor help to Ford's cash position. I suppose anytime you get about a quarter of a billion dollars it's welcome, but it doesn't change the big picture.
My guess the strike will reduce profits by well over a billion dollars.
The Kennedy-McCain bill has a pathway to legal residence and work.
You take a billion here and a billion there, and it adds up. No question, it's major.