Ray took some time out of his busy LA Auto Show coverage schedule to speak with CNBC reporter (and possible future deputy mayor of LA ) Michelle Lee about the not-so-Big Three's Washington, D.C. problem and Ford's presence as the only domestic automaker actually showing off new cars. Take a drink anytime that Ray says any variation of the world "capital" and it should be a good Thursday afternoon. [CNBC]
Ford capitalized on the capital market by getting their capital on before going to the Capitol and asking for additional capital from Capitol Hill which it turned out wasn't such a capital idea and now they need to cap it all and get back to what they do best, capitalizing on a weak capital market by moving strategic capital assets into stronger yield opportunities so they don't have to capitulate to their debt holders or make another trip to. . . whoa, now I am drunk.