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You have no idea if the jobs would have been lost. How many jobs did United Airlines lose by declaring bankruptcy? How about Delta Airlines? Your precious unions have been saved at taxpayer expense. Wonder why Ford didn't need a bailout and a takeover by the govt. Ask your union stewards why Ford is still privately owned and unionized? Perhaps you should stop posting and do some research or have your union buddies do it for you as that is what you do best, get others to do what you should do yourself. One of these days you are going to look back and wonder what happened to your life being a wage slave and rising to head wrench operator on the assembly line.
Ford took out a mortgage on every piece of property it owned, providing it with massive lines of credit that it could use during the economic crisis to continue to operate. GM and Chrysler did not due that. As such when the economic crisis Ford had access to large amounts of debt financing, while GM did not. During the economic crisis finding anyone willing to loan such large amounts of money was extremely difficult. For example Goldman had to get Buffet invest around 9 billion in prefered shares that had a very decent yield, so did GE and Harley Davidson.
GM during the economic crisis was not going to find anyone but the Chinese willing to lend it the amount of money it needed.