BUSINESS
12/26/2008 05:12 am ET | Updated May 25, 2011

Ford CEO: We're Not In As Much Trouble As GM And Chrysler

It's not quite guilt by association, but it's close. Ford, by virtue of being one of the Big 3 and because its finances are weakened, has been lumped in with General Motors and Chrysler as an auto maker needing a bailout. Somewhere in Dearborn, Michigan Ford CEO Alan Mulally is doing a slow burn.

Mulally will tell you, Congress, and his employees that Ford is NOT in the same leaky boat as GM and Chrysler. In fact, when Mulally talks about Ford requesting federal aid he calls it a low interest line of credit, not a bailout. While I don't agree with everything Mulally says (they are in the same boat), I can see exactly why he feels the way he does.

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