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Reply #18: Ford isn't doing all that much better [View All]

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blue_onyx Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-30-09 05:59 PM
Response to Reply #15
18. Ford isn't doing all that much better
The reason they didn't need government money was because they took out loans before the banks started collapsing. The lack of credit to fund GM's business operations and the lack of credit for consumers to purchase vehicles is a big part of GM troubles.
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