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Ford Motor: analyst sees possible bankruptcy
The Daily Telegraph reports that a scathing examination by Sean Egan, founder of the Egan-Jones ratings agency and the analyst who reportedly predicted WorldCom and Enron would go bust long before Wall Street realized it, puts Ford's future in doubt; Egan offers 8 reasons why the co could be in serious trouble, including huge pension fund liabilities and a lack of cash to fund borrowings. "If it didn't have the name Ford, it would be in bankruptcy right now."