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Jim, what about the credit situation?
Investors are concerned about the credit situation in Europe.
"I think the credit situation is worse than anybody realizes," he said on CNBC.
In a report on Tuesday, analysts at UBS Warburg also expressed concern about Ford's credit situation.
You've got the credit situation getting tighter, along with stock prices coming down and home values falling.
"The European credit situation is where we're spending a lot of time right now," Mr. Black said on Tuesday at the conference.
Similar(19)
"We swamped companies with cash, with whatever was due them, because we knew the cash and credit situations were difficult," she said.
To handle the risks of trade credit situations, retailer collects a higher interest from his customers when they did not settle the payment within the credit period time.
"The credit rating situation is a challenge.
"Any effort to restore confidence in our economy must start not on Wall Street but in Main Street, and that's what the credit card situation is all about," Mr. Reid said before Tuesday's vote.
In this case, conditional variance considers the positive impact of this credit availability situation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com