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Does Bill Ford know something the rest of us don't? If not, why did he elect to sell one million shares of FoMoCo, or about one-sixth of his total common stock holdings in the family business?
So, yeah, he made about $5.05 million from the sale, but you can't help but wonder if there might be something else going on here. Ya, gotta love conspiracy theories...
Full story here and here.
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brn says:
05:30 AM, 09/23/08
"Ya, gotta love conspiracy theories"
Oh good, we're on Slashdot.
ateixeira says:
07:09 AM, 09/23/08
Oh boy, bad sign. Real bad.
If he believes in the company, he should be *buying* more shares, not selling.
orangutan says:
07:22 AM, 09/23/08
Because he is running out of money to pay off his debts?
http://www.thetruthaboutcars.com/is-bill-ford-strapped-for-ash/
estreka says:
04:09 PM, 09/23/08
If I were him, I'd sell too.
He sold his house last year, didn't he?
sabastian says:
06:34 PM, 09/23/08
"Does Bill Ford know something the rest of us don't?"
That Ford is doomed? Oh wait. I think the rest of us knew that. Maybe he's a slow learner.
sabastian says:
06:34 PM, 09/23/08
"Does Bill Ford know something the rest of us don't?"
That Ford is doomed? Oh wait. I think the rest of us knew that. Maybe he's a slow learner.