We don't know a whole lot about this yet. To date, this is just headline fodder. These spreads are very attractive if nothing happens.

This latest news that they will be applying more of the employee discounts on the '06 model flies in the face of that strategy. It may depend on how many models we are talking about here. If it's a small number, it doesn't concern us that much.

Whirlpool is hitting on all cylinders despite a challenging cost environment. You're going to see underlying profitability improve significantly in the near term with new product innovation and easier comparisons.

It was negotiated at a different time, when Ford certainly didn't envision their market share going from 25 percent to 18 percent.

Ford must design and manufacture vehicles that consumers want to purchase without huge incentives.

If a deal doesn't get done, bondholders are looking at owning a credit that has seen its financial performance deteriorate at kind of a staggering rate.