Mr. Duncan is credited with building the company into a successful finance operation.
Household International said it was shutting down a big portion of its commercial finance operation.
The recovery plan is intended to pay down $5 billion in debt incurred to support the finance operation.
During the three months that ended Sept. 30, Ford earned $357 million, or 28 cents a share, on the strength of its finance operations.
The inquiry is being conducted by a branch of the company's finance operation; the human resources department is also involved.
Perhaps the most widely confused aspect of the finance operation was the division's system of computer controls.
In the finance operations there simply were too many people.
The sale of Whirlpool's finance operations, expected in the fourth quarter, should add 53 cents a share to earnings.
The sales are part of Ford's effort to reduce its nonautomotive finance operations.
The finance operation was performed by the majority owners of the company, who had their offices in Manhattan.
I didn't know how we were going to finance our operations.
The problem is that they have not yet made enough money to finance their operations.
Lower earnings would mean less money to finance operations or research and development.
They intend to finance operations, which in 2002 will be $400,000, for just five years.
Higher rates make it more expensive for companies to finance their operations.
This latter plan was to use the money to finance secret operations.
Companies can finance their operations through either debt or equity.
Some of the $80 million loan has already gone to pay team debt and provide working capital to finance operations.
A company uses various kinds of debt to finance its operations.
A. Many of those positions are filled by people who have gone through line functions or finance operations.