Forbes on Fitch on Ford: Whose Credibility is Really at Stake?

Forbes' Richard Lehmann takes on Fitch's downgrade of Ford's credit rating from BB+ to BB, noting that in the post-Enron era, the credit agencies are doing everything they can to restore investors' faith, including forecasting futures that Lehmann seems to think may be akin to reading tea leaves, given the variables at hand. He points out that at the current rate, Ford could continue losing money for a decade and still survive. The analysis is too in-depth to fully outline here. We recommend checking the link; it's at the very least a light lunch for thought.

Fitch's Ford Rating: Dumb and Late [Forbes]

Related:
Mark Fields Drinks from the Bonus Cup at Ford [Internal]