Moodys value Ford credit ranking as "junk"
In what is a cruel and unfair felony, Moodys' agents (mindless ?, intoxicated ?, blind?) have classified Ford's credit level as "junk." Here the article:
It is very unpleasant to read something that makes no sense. Ford was required restructuring measures to improve its financial status ... now that these measures are taken, they say that due to the cost of those measures, Ford's credit is "garbage." Despite the Ford credit rating downgrade, it has a strong business, a solid balance sheet, and “plenty of liquidity” to invest in its future, the automaker said in a statement.
We will see who is right, whether Moody or Ford.