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Re: Bailing out John Deere....WHAT!!!!!!!!!!!!!!!!!!!!!


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Posted by blinwmi on December 17, 2008 at 19:23:04 from (75.129.101.40):

In Reply to: Bailing out John Deere....WHAT!!!!!!!!!!!!!!!!!!!!! posted by colekicker on December 17, 2008 at 17:48:22:

Did you bother reading the article you are bellyaching about? Deere didn't get any of the bailout money. It says it in plain english. They got operating loans from a bank, just like alot of industries do. The only difference is they were able to apply for a program that allows them to qualify for a reduced interest rate, and the loan is backed by the FDIC incase of default.
How in the world did you get anything about a bail out from that article?


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