re: #287 Wendell Zurkowitz ((slave to the waffle light))

As I understand it, Henry Ford had a serious personal issue with Jews in the form of bankers. He was a self-made man and ran his company as he saw fit, but in 1927-28 he rand into financial difficulties over retooling his factories from Model T to Model A.

Basically due to his personal meddling, the Model T ended before the Model A production lines were ready to roll. So he had to turn to the banks for credit, and they, as was (and is) common business practice, wanted a share of his company as collateral, along with seats on the managing board.

That rankled him greatly.

It was really only salt on a wound that already existed from being forced to accept that the Model T was no longer a money maker for the company and the Model A was the only option if “his” company wanted to remain profitable in the face of growing competition. Combine that with the tumble the company took the following year when the Great Depression put a damper on sales of new cars and he was absolutely convinced that he’d been right all along about the Model T being the best car available.