From your link...
“Yesterday, the federal government released the names of companies and the amounts of loans handed out during the financial crisis of 2008 to keep loans flowing as credit dried up everywhere. A number of those companies were the lending arms of automakers.
Automotive blog Jalopnik broke down which automotive lending companies got the most help, and leading the way was Ford Credit, which borrowed $15.9 billion. GMAC, GM’s financing arm which provided auto loans beyond the GM family of vehicles, took $13.9 billion. BMW took $6.2 billion. Chrysler $4.9 billion and Toyota $4.6 billion.”
Ford CREDIT...not Ford.
“The GM and Chrysler loans were completely separate from those two companies’ government-financed bankruptcies.”
You are nothing but disingenuous.
Shame on you.
I’m sorry...I need to walk that back a bit. You may not be disingenuous, just uninformed.
The credit companies are separate from the actual car companies. Because of the economic meltdown, their credit arm was in real trouble.
However, the actual car manufacturers are a different story entirely.
“Ford took bailout money thru their credit department”
Can you read?