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Author Topic: Kerkorian dumps his Ford shares  (Read 2963 times)

Offline Funder

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Offline kj9876

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Re: Kerkorian dumps his Ford shares
« Reply #1 on: December 30, 2008, 06:26:25 pm »
Look who bought into Ford


   http://bleacherreport.com/articles/97094-new-york-yankees-bail-out-ford-motor-co-satire




  I read it on the internet so it must be true
« Last Edit: December 30, 2008, 06:28:36 pm by kj9876 »

Offline fdjake

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Re: Kerkorian dumps his Ford shares
« Reply #2 on: January 01, 2009, 08:41:01 am »
Kirk is hanging on by a thread because of losses he took in the Casino business. 

When people don't have JOBS....They aren't inclined to travel to Vegas for a gambling excursion.

This is OLD NEWS......Kirk made it public MONTHS ago that he had used HUGE MARGIN to obtain his Ford stock. 

The COLLATERAL he used?????

His shares in MGM Grand!!!!!   

When the stock market got hit he HAD TO SELL or the bank was going to liquidate the MGM shares he put up.

 




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