The Motley Fool Discussion Boards
Politics & Current Events / Political Asylum
|Subject: Re: Ford agrees with bailout 100%||Date: 10/9/2012 6:51 PM|
|Author: HMALETTER||Number: 1822725 of 2132399|
Private funds would have swept in (as usual) and out of the ashes of the big three, one good company would have become world class
Seriously doubt it. Private funds were in the running, they chased after them with all kinds of deals. Even with government backing, there were no takers. The auto industry is a very capital-intensive business, with low returns. There are much, much better investments out there for huge capital.
Being stuck in your own ideology is a recipe for disaster.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|