Jan 11, 2012
Your post about Ford getting billions of dollars in loans from the federal government caught my attention especially the links to articles backing up the claim. I am not a financial guru but the material provided in your links says the funds that Ford and just about every other major U.S. corporation tapped while large were short term loans that had to "happen" because of the "financial meltdown" that Lehman Brothers (bankrupt) and other major financial funding source problems during the throes of the worldwide banking crisis. This is much different than the long term loan and assistance packages sought and received by GM and Chrysler. BTW, it's my understanding, the GM and Chrysler loans are structured to pay back the American taxpayer with interest. They were not just free money being handed out.