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<blockquote data-quote="The Other Side" data-source="post: 885392" data-attributes="member: 17969"><p>Did you read anything I posted? Im wrong? </p><p></p><p>Look madaam, I invest in FORD. I watched as my stock PLUNGED down to a buck, and was looking at a potential BK. FORD didnt take a "loan" as other businesses do from "time to time".</p><p></p><p>Thats a statement of ignorance on the issue. FORD was about ready to close the doors. They started closing dealers, holding back on production of cars, laying off employees, and renegotiating contracts with the UAW just before presenting a case to the banks to get loans to stay in business.</p><p></p><p>FORD would have had to recieve goverment money if they had not taken steps to shore up the business. The difference between FORD and the others was in liabilities. This is where I think I lose both you and trippy, you dont understand business.</p><p></p><p>It was liabilities that prevented GM and Chrysler from recieving private loans and forced them to ask the goverment for help. </p><p></p><p>Ford is a better business model and the banks agreed. I think you need to invest your time in actually learning about Ford and its business model vs the others.</p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 885392, member: 17969"] Did you read anything I posted? Im wrong? Look madaam, I invest in FORD. I watched as my stock PLUNGED down to a buck, and was looking at a potential BK. FORD didnt take a "loan" as other businesses do from "time to time". Thats a statement of ignorance on the issue. FORD was about ready to close the doors. They started closing dealers, holding back on production of cars, laying off employees, and renegotiating contracts with the UAW just before presenting a case to the banks to get loans to stay in business. FORD would have had to recieve goverment money if they had not taken steps to shore up the business. The difference between FORD and the others was in liabilities. This is where I think I lose both you and trippy, you dont understand business. It was liabilities that prevented GM and Chrysler from recieving private loans and forced them to ask the goverment for help. Ford is a better business model and the banks agreed. I think you need to invest your time in actually learning about Ford and its business model vs the others. Peace. [/QUOTE]
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