3 ms·

Looks like Ford argued for it in 2009 and in 2010 didn’t take it. https://thehill.com/homenews/administration/59862-rejecting-bailout-wins-political-capital-for

• ly3xqhl8g9 3y ago
  Just avoiding the inevitable I suppose: June 22, 2023, "Ford agrees to $9.2 billion US government loan" [1]. That's the joke in the end: there are no companies (and there is no government), just a bunch of chaebols [2], at least South Koreans don't lie to themselves. [1] "Ford previously took out a $5.9 billion loan under the program in 2009. That loan was fully repaid as of last year (2022), according to the DoE. [3]", https://edition.cnn.com/2023/06/22/business/ford-department-of-energy-loan/index.html https://edition.cnn.com/2023/06/22/business/ford-department-... [2] https://en.wikipedia.org/wiki/Chaebol https://en.wikipedia.org/wiki/Chaebol [3] https://www.energy.gov/lpo/ford https://www.energy.gov/lpo/ford