04-30-2014, 11:14 AM
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#18
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Drives: 2017 Mosaic Bk ZL1 M6
Join Date: Jul 2009
Location: South of Raleigh, NC
Posts: 9,622
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Quote:
Originally Posted by Muscle Car Memories
FYI, Ford borrowed money against their Blue Oval logo, thats where their loan came from and they didnt borrow no where near what GM did, in fact GM borrowed $52 billion dollars, thats over $300,000 for ever man, woman and child in the USA. GM has yet to repay all of the money and refuses to repay $10 billion, so thats nothing to be proud of. Ford repaid their loan and not to the govt but to banks and owns their Blue Oval again which was done about 7 years ago.
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How many of those banks Ford borrowed from took a bailout?
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