Tuesday, July 1, 2008

ECONOMY, QUO VADIS?

Ford Motor Company. One of the legendary names in automotive history.

In 1999, Ford stock was trading at more than $50 per share. Today it's trading under $5 per share. Under whose watch has this precipitous decline taken place?                                                 

What and or who should we blame for this sad situation? Bad government? Poor management? Foreign competition? All of the above?

Probably all of the above.

I think that poor management should be at the top of the list.

 

 

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