Ford (F) Takes Major Step to Reduce Debt

“You may have seen Phil Lebeau come on recently and talking about Ford completing its debt restructuring and Ford stock is actually on the rise off the open. They basically reduced the debt from $25.8 billion to $15.9 billion, better than expected debt restructuring by Ford there.” CNBC’s Squawk on the Street 4/6/2009. Ford Motors (F) [...]