Tuesday, September 05, 2006

REUTERS REPORTS THAT BILL BAILS OUT

Ford Motor Company (R) reportedly named former Boeing Veep Alan Mulally as president and chief executive officer. http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-09-05T200941Z_01_WEN4964_RTRIDST_0_AUTOS-FORD-URGENT.XML&rpc=66&type=qcna

William Clay Ford, Jr. will remain executive chairman.

So what does Mulally know about the car business? Is he a car guy or just another bean counting wonk?

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