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29 Jan 2009 09:58

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Biz: Automaker Ford: Sure we lost a buncha money, but really, we’re OK!

  • $5.5 billion amount that Ford blew through in the fourth quarter; they’re the only Detroit automaker not to take a bailout, and they had a huge loss last quarter
  • $10.1 billion amount in available credit Ford has lying around; they swear they can make it through next year, even without the help of Uncle Sam’s deep pockets source