Free money from BODOG

[bot1478]

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The valuations I'm hearing on Jaguar/LR are in the area of $1.5BN. I don't know how the payments would work out on a settlement but I doubt it would be a lump sum, and plenty of external financing would still be needed. I'm not overly familiar with the labor situation, but I don't think that it would have any real relation to the Jaguar/LR situation.


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I think the valuation is about right. There are still issues around where would Jaguar engines come from, and CO2 fleet affects. But i still think this weekend is it.

The connection to the labor issue, is that Ford will have to come up with about $23 Billion to match the GM settlement. Last year Ford mortgaged everything. So, every $B will be precious. But i have to admit this part of the discussion is me speculating. I know far less about the financing of the health care settlement.