Word: fording
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Dates: during 2000-2009
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...controversial techniques if it had not been for explicit legal guidance from the Bush Administration. "The guy doing the interrogations - he did it knowing that the CIA wouldn't have asked him to do it unless it was cleared all the way back ... to the White House," says Carl Ford, an ex-CIA hand who headed the State Department's Bureau of Intelligence and Research from 2001-03. (See "Top 10 Secret Service Code Names...
...Agency veterans winced at the latest bombshell from Gitmo: the revelation that the CIA destroyed 92 videotapes that may have shown detainees being subjected to harsh interrogation techniques. "It would have been my instinct to say that these [videotapes] are the sort of thing we have to keep," says Ford...
...opportunity to deal with Ford directly as opposed dealing with the government is at the core of Ford's decisions. With its sales down nearly 50%, there is no way for it to make it to the end of the year with its current debt structure. What the company is not saying is that it may not be able to make it another six months without outside help. There are only so many costs that can be cut for Ford to remain a viable global car company...
What is left unsaid in the news from Ford is that it is academic whether aid for the car companies comes from their private debt holders or the government. The UAW will bend to another round of concessions. At the rate at which The Big Three probably lost money last month, the industry could need $50 billion or more in financial support between now and the end of this year. That assumes that car sales drop at a rate of only...
...What Ford is trying to do in the private sector and GM and Chrysler are doing with the government may look entirely different today, but the paths will converge as the market for vehicles gets worse. At that point private capital will choose to opt out of the equation entirely. It is not willing to take that kind of risk...