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by kcorbitt
3317 days ago
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I think Ford's case is substantially different than that of Google and Facebook though, because in the tech companies' cases if the shares are ever transferred from the original founders they automatically lose their super-voting rights. The theory is that the founders were smart enough to build the juggernauts in the first place, and as long as they're alive they're (hopefully) the best people to keep them going. With the Ford situation, the current super-voting members of the Ford household "earned" that right by wisely choosing the right parents. :) |
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On the other hand, while it's been close, Ford is the only US automaker that hasn't taken a trip through bankruptcy court.