Reply #55: Ford hasn't owned the majority of Ford for almost 100 years now.

[Statistical]

There are 3.17 BILLION common shares of Ford (of which the Ford family owns less than 20 million).

There are 70 million class B shares (of which Ford family owns 100% and likely will never sell because they provide substantial protection of Ford is diluted or faces bankruptcy).

So less than 90 million shares (common and special class B) out of 3.7 billion is <3% of the company.
Institutional owners (which represent foreign and domestic clients) make up 34% of outstanding stock.


2.8B shares are floating (the float) for Ford. That means they are available for electronic trading and not restricted or held by insiders. This is the vast majority of the company (90%) and is actually higher than most other publicly traded companies. GOOG for example only floats 76% of outstanding shares.

So your myths are 0 for 3. Any more you want dispelled?

Your wonderland of American corporate giants looking out for American prosperity and owned by powerful American families died about 60 years ago.

Today companies like F, GE, Proctor and Gamble are true mulitnationals. They owe no allegiance to a particular country or its citizens. Their single and overriding interest is to maximize shareholder wealth. It has been this way for a long time now. In the case of Ford those shares (2.8 billion of them) are open to anyone willing to pay for them.