BrewfanGRB Posted January 5, 2010 Share Posted January 5, 2010 (edited) Ford's hard work, financially, allowed the company to take one more step toward normality, as the transfer of all hourly retirees' health care to the VEBA was completed today. Interesting point was that Ford had the liquidity to pay $500MM toward future obligations. LINK EDIT: It's for hourly retirees, not EMPLOYEES (i.e., active employees) as my initial post indicated. Edited January 5, 2010 by BrewfanGRB Quote Link to comment Share on other sites More sharing options...
twintornados Posted January 5, 2010 Share Posted January 5, 2010 Another feather in the cap for Ford Motor Company.....great news and nice to know that they didn't screw over the retirees. Quote Link to comment Share on other sites More sharing options...
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