Ford Motor Company Did or Didnt take bailout money???

[MossRoad]

Did they pay the loans? ( i don't know ).. if they did pay the loans and any interest or fees, then it's not a bailout.. it's a loan. if there were fee's involved, then it's not charity or a grant...

Note.. I don't KNOW the particulars of the laon ? payout? fees? etc. just saying in general.

Yeah I know... I was just stirring the pot a bit. :stirthepot:


Bankruptcy where your creditors get ZERO stinks.

 

[MossRoad]

Did anyone know that the Tundra is the only full-sized pickup truck currently being manufactured in the state of TEXAS???

Toyota Tundra - Wikipedia, the free encyclopedia

 

[Soundguy]

Bankruptcy where your creditors get ZERO stinks.

ditto that.

 

[HHR]

Did anyone know that the Tundra is the only full-sized pickup truck currently being manufactured in the state of TEXAS??? Toyota Tundra - Wikipedia, the free encyclopedia

It is a pretty cool plant tour if you are in the area. I think the only other full size vehicles built in Texas are the Tahoe/Yukon/Suburban.

 

[ruffdog]

$5.907 billion through the dept of energy. Look at the bottom of text. Solyndra is more toward the top.

Projects | Department of Energy

 

[lilranch2001]

In 2012, three years after GM and Chrysler were bailed out, only one U.S. automaker owed money to the government..... FORD, to the tune of $5.9 billion in loans it took out from the government at a time when it couldn't get financing anywhere else.... hmmmm.... can't get financing anywhere else but the government... what would you call it?

Itsway away ailoutbay!

Did any of the SCREWED stockholders get ANY of their money back?
How many very good dealers got screwed as well?

As a moderator Moss you tend to take the high road when it comes to others posts, not so much to your own!
I suppose my posts will get slashed even more than they already do, but someone had to make the statement.

 

[MossRoad]

Did any of the SCREWED stockholders get ANY of their money back?
How many very good dealers got screwed as well?

As a moderator Moss you tend to take the high road when it comes to others posts, not so much to your own!
I suppose my posts will get slashed even more than they already do, but someone had to make the statement.

Apparently you didn't read the next few posts? I believe you and I are in agreement on this subject.

 

[jerrybob]

Interesting list.......

Bailout List: Banks, Auto Companies, and More | Eye on the Bailout | ProPublica

 

[MossRoad]

Did any of the SCREWED stockholders get ANY of their money back?
How many very good dealers got screwed as well?

As a moderator Moss you tend to take the high road when it comes to others posts, not so much to your own!
I suppose my posts will get slashed even more than they already do, but someone had to make the statement.

You know, thinking again about what you wrote.... please show me where I condoned GM's bankruptcy and their ditching their obligations to stockholders, dealers, creditors, etc...
Having shares in many mutual funds, some of which held GM stock, I got screwed by GM just like so many others.

On the subject of Ford, all I did was point out that Ford took government loans at a time when NO ONE ELSE WOULD LEND THEM MONEY. The American people lent them their money because NO ONE ELSE WOULD. If that's doesn't fit the definition of "bailout" its pretty darn close....

Bailout Definition | Investopedia

Definition of 'Bailout'


A situation in which a business, individual or government offers money to a failing business in order to prevent the consequences that arise from a business's downfall. Bailouts can take the form of loans, bonds, stocks or cash. They may or may not require reimbursement.

 

[lilranch2001]

Apparently you didn't read the next few posts? I believe you and I are in agreement on this subject.

OK we may be, but I responded to that post, I usually respond to a post as it is read...... and in that post you did not seem to be taking a positive stand