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The bailout provisions required some pretty strict limitations on dividends. As I understand it, quite a few members of the Ford family derive a significant po
by coredog64 10y ago
The bailout provisions required some pretty strict limitations on dividends. As I understand it, quite a few members of the Ford family derive a significant portion of their income from FoMoCo stock dividends.
It doesn't hurt that Ford was able to borrow large amounts of money before the meltdown, so they had the capital to weather the storm.