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Ford Posts $8.7 Billion Loss on Write-Downs

Old 07-24-2008, 03:35 AM
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Default Ford Posts $8.7 Billion Loss on Write-Downs

Ford Posts $8.7 Billion Loss on Write-Downs

The second-quarter loss was largely because of a reduction in
the value of assets, as the automaker tries to shift to
smaller cars.

http://www.nytimes.com/2008/07/25/bu...hp&oref=slogin
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