Hacker News new | ask | show | jobs
by frakt0x90 328 days ago
He wasn't exactly doing it out the goodness of his heart. From the same article:

"Ford was also motivated by a desire to squeeze out his minority shareholders, especially the Dodge brothers, whom he suspected (correctly) of using their Ford dividends to build a rival car company. By cutting off their dividends, Ford hoped to starve the Dodges of capital to fuel their growth."