Why is Ford reporting a full-year profit, but GM and Chrysler are bankrupt?

gws35

New member
http://online.wsj.com/article/BT-CO-20100128-716642.html?mod=WSJ_latestheadlines
Ford Swings To First Full-Year Net Profit Since 2005
"Ford's full-year 2009 profit was $2.7 billion, compared with a loss of $14.7 billion the previous year. Revenue for the full-year declined 14.3% to $118.3 billion. "

Could this be the result of Ford NOT taking Pelosi's "kiss of death" bailout?
 
Back
Top