Universal Credit Corporation

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The Universal Credit Corporation was a financing entity for Ford cars that existed in the US in the 1930’s. In 1932, Henry Ford sold the corporation for $US 50 million in order to finance his manufacturing operations during the 1932 Bank Moratorium. [1]

[edit] References

  1. ^ R Buckminster Fuller, Nine Chains to the Moon Anchor Books 1938, 1971 p 192
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