Read It Here First

http://www.futureofcapitalism.com/2009/07/read-it-here-first-3

In a July 23 post on "The Ford Misconception," FutureOfCapitalism.com noted that press coverage of Ford speaks of the company's refusing federal aid but usually neglects to mention the company's $5.9 billion federal loan. Six days later, in today's Wall Street Journal, a column by Holman Jenkins makes the same point: "Ford's press coverage lately portrays Ford as almost a character from an Ayn Rand novel—bravely, disdainfully waving away government money. This is, ahem, an exaggeration. Ford just received $6 billion in Energy Department loans."

by Editor  |  Jul 29, 2009 at 8:11 am Related Topics:  Auto Industry, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list