Quote:
Originally Posted by DeathChill
I'm not sure how anyone can complain that Ford took out loans (read: NOT TAXPAYER'S MONEY) from banks. They did it smartly rather then letting themselves get to the point where they were nearly bankrupt.
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I dont think anyone is complaining. But although they received their secured loan from banks, these banks (Citigroup, Goldman Sachs, and J.P. Morgan) are now going into the toilet(especially Citigroup with their stocks dropping like shit from a horse) and wasting taxpayers moneys. So really, they did get their loan from the govnt or more likely the taxpayer.