2020 GMC Denali purchase?

[coobie]

What's your address.

:laughing:

Head to bundy hill michigan..

 

[MossRoad]

They actually are still making payments on that ... Something like 1.2 billion still owed? My point was they DIDN"T file as was stated...

No, they didn't file in 2007-2008. Pure luck. It's all about timing.

 

[MossRoad]

Head to bundy hill michigan..

I usually tell people to go to South Haven and head west. :laughing:

 

[Steppenwolfe]

:rotfl::rotfl::rotfl:

Looks like steppenwolfe stepped in something else :laughing:

HENRY FORD担 BANKRUPTCY | Jeffrey B. Irby, P.C.

:rotfl: :rotfl: :rotfl:

:cool2:

 

[Steppenwolfe]

No, they didn't file in 2007-2008. Pure luck. It's all about timing.

Absolutely... and they are still paying for it. Nothing to do with CHINA, but :confused2:

 

[Hay Dude]

:cool2:

HENRY FORD’S BANKRUPTCY | Jeffrey B. Irby, P.C.

TWICE :rotfl:
Almost 3 times :rotfl:

Before he made a name in the automotive industry, Henry Ford made some business missteps and had to file for bankruptcy. Twice.

The first time Ford had to file was with his Detroit Automobile Company which was backed by three prominent politicians (who Ford blamed for the financial default and became obsessed with getting rid of).

His second attempt, the Henry Ford Company, met with the same bankruptcy fate. While he had managed to distance himself from the bother of his investors – having complete say was the downfall. Ford’s perfectionism resulted in too few cars being produced.

It’s not a BS story basement flooded. Better know your history a little better

And to think China wouldn’t LOVE to loan money out to ANY American company where they can take proprietary technology from is shockingly naive

 

[Steppenwolfe]

HENRY FORD’S BANKRUPTCY | Jeffrey B. Irby, P.C.

TWICE :rotfl:
Almost 3 times :rotfl:

Yeah, well... that's a lot better than SIX TIMES... :jump:

 

[JethroB]

And Henry Ford declared bankruptcy, twice. 1901 and again in 1903.

And the only reason they escaped bankruptcy in 2008 was because they mortgaged the entire company in 2006, which was considered and act of desperation at the time. It was all timing. Had they waited until 2008, they, too, would have gone bankrupt. Pure luck.

One more...the 3 point hitch design of Harry Ferguson (of Massey Ferguson fame). After Henry Ford died his son refused to continue to pay to license it. Lost in court.

 

[two_bit_score]

Do some research bubba, Ford never filed for bankruptcy. Wanna change your B.S. story?
GM, Ford, Chrysler almost died during financial crisis, changes since - Business Insider

But they did take bailout money. Same pants, different pocket.

>>>>Ford Credit received its bailout from the Term Asset-Backed Securities Loan Facility, not TARP. That was a government program for auto, student, and other consumer loans . The federal government took over GM and Chrysler in March 2009.<<<<<<

And they are about to the point they will fold up if they don't get some help soon.
.

 

[Hay Dude]

But they did take bailout money. Same pants, different pocket.

>>>>Ford Credit received its bailout from the Term Asset-Backed Securities Loan Facility, not TARP. That was a government program for auto, student, and other consumer loans . The federal government took over GM and Chrysler in March 2009.<<<<<<

And they are about to the point they will fold up if they don't get some help soon.
.

And if they didn’t take the bailout money, Ford would have gone under (again).
I’m actually happy they didn’t, my 2008 needs a dealer for repairs!