GM heading towards a sub prime loan problem?
Looks as though they have been allowing sub prime loans more than other auto makers http://money.msn.com/investing/post--is-gm-headed-for-another-subprime-loan-crisis
Forum Discussion
Does it seem at least a little strange that one ALMOST bankrupt entity can loan a huge sum of money, to another NEARLY bankrupt entity? And this makes everything better for everybody?
Maybe the GM conglomerate should break up and make each business unit operate as their own separate entity. Let the strong survive. And the market can decide.
Maybe the GM conglomerate should break up and make each business unit operate as their own separate entity. Let the strong survive. And the market can decide.
