I dont think I would call that a
bailout per se.....
http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article5611933.ece#
thats a commercial loan not a gov't bailout.
They also got some money (5 billion i think) from the DOE, but that was also a loan and Nissan got some too.
i stand corrected. that does indeed change what they did. they BORROWED money from BANKS to secure theirselves, and thanks to careful money managment and good investments is still running strong as far as not recieving a bailout. i like what they said about not taking taxpayers cash unless the world implodes. haha.
plus, about the borow part. gm and chrysler both recieved a bailout, not a loan. so they took taxpayers money. not borrowed it. ford however is payin it back. another reason i like ford. maybe has to do with the fact that fords are so ,much more money than chevs tho. but at least when gm closes down( if it ever happens) you will still be able to buy parts for you ford, cause they will still be open.
so theoretically,
we, the people, have payed the governement to keep fords competition running. which we dont really like anyways. that, is rdiculous. however, there is the aspect of hundreds of thousand of gm employee's jobs to consider.
i think ford should have taken advantage of gms weakness and tryed to buy "silverado"
or maybe the "duramax"
lol. cause then ford could have pretty much taken over chev. that'll be the day, when ford owns chevs. maybe im thinkin rediculous but it would be fun rubbing it in to all my chevy lovin friends
i just think too many people are getting paid too much to do nothing. similair to government. dam.
lets not get started with that