Quote:
Originally Posted by Shamu
Thats a farse and a PR stunt. Ford commercial credit recieved $16 billion in US Government funding in 2008/2009.
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The money Ford borrowed was prior to
2006 and is normal for any large corporation to borrow from the Fed. From the auto, to oil, etc. borrow from the government because they get super cheap rates and easier than burning their own cash. Do some research than pulling up a random graph made by a blogger pulling data back from 2005 & prior and trying to lump it into the failure of what GM & Chrysler did.