
Ford posts first full-year net profit since 2005
• ReutersThe automaker repeated its forecast that 2011 would be "solidly profitable," but Chief Financial Officer Lewis Booth cautioned that Ford still had to take steps to address its "uncompetitive balance sheet" and was watching for more signs that a fragile U.S. economic recovery would continue.
2 Comments in Response to Ford posts first full-year net profit since 2005
And let's not forget the bailout. Somehow, I think that had something to do with this "success"
See, Obama's right those bailouts work . . . oh, wait . . . . gosh how did Ford accomplish this without appointing Obama's picks to their board? Just lucky I guess.