GMAC revisits subprime lending

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MarkM's picture
MarkM
Status: Platinum Member (Offline)
Joined: Jul 22 2008
Posts: 837
GMAC revisits subprime lending

Dying companies (and empires) take desperate actions.

http://news.yahoo.com/s/nm/20090401/bs_nm/us_gmac

Now we are making subprime auto loans with taxpayer dollars. I feel like I need to slick my hair back and get a leisure suit with accompanying bling so I will feel more the part.

This road we are traveling just gets more and more ridiculous.

Eye's picture
Eye
Status: Bronze Member (Offline)
Joined: Mar 7 2009
Posts: 88
Re: GMAC revisits subprime lending

I saw this too. Unbelievable.

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