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Old 02-24-2009, 12:00 AM   #16
kdbolt70

 
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Quote:
Originally Posted by DeathChill View Post
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.
They literally did the exact same thing GM is doing now, except credit wasn't so tied up from the housing burst. So actually Ford was doing worse than GM, and just got lucky that they could get loans while they still could.
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