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As the recession hit in 2008, free-market forces intensified, forcing the two domestics to hemorrhage cash. Ford wasn’t far behind, and some analysts expected Ford to line up for a bailout too. But by either luck or foresight, Ford had done some financial maneuvering in prior years that allowed it to survive the bloodletting without government aid.
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FoMoCo was actually the worse of the Big3, as they started shopping their debt before GM or ChryCo, and was lucky in that they found a buyer prior to the economic collapse...but now, FoMoCo is saddled with like $38mil in debt that is coming due...