By Leftlane Staff
Thursday, May 11th, 2006 @ 2:21 pm

In late April, the Detroit News reported that Ford was planning to launch a reality TV show in which contestants design a new concept car. Today, prominent Ford shareholder Evelyn Y. Davis grilled Ford CEO Bill Ford (pictured) over the plan, according to Reuters. “This is outrageous that the board wants to spend money on a reality show,” she said. “Somebody put the wool over your heads,” she said. Mr. Ford replied that “sometimes this meeting feels like” a reality show, and “we’re going to give it a shot. It’s something very different for us.” Some investors were also very critical of Mr. Ford for how he has run the company, reports the Associated Press. “Mr. Ford is a failure. He has put shareholders and the company at bankruptcy’s door,” said Sam Joanette. “Mr. Ford knows he is not qualified, that he is in over his head.”

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