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And the Big 3 have had big success in getting large near zero interest rate loans and liens of liquidity provided by tax payers directly and the issuance/sales
by cinquemb 9y ago
And the Big 3 have had big success in getting large near zero interest rate loans and liens of liquidity provided by tax payers directly and the issuance/sales of t-backs on behalf of tax payers. Financially speaking, the shenanigans of Tesla and the Big 3 aren't too dissimilar…
- slededit 9y agoFord didn't get a bailout, nor did they need the cash for clunkers assistance.
- Judgmentality 9y agoThis isn't true. Ford actually took out a bigger loan than GM. In fact, Ford still owes the government over $6 billion when the other automakers have repaid their debts. https://www.forbes.com/sites/joannmuller/2011/09/19/ford-looks-hypocritical-in-new-anti-bailout-commercial/#5dbec21a1efc https://www.forbes.com/sites/joannmuller/2011/09/19/ford-loo...