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Can Subprime Loans Save Government-Owned GM ? | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

That helps explain the timing of General Motors' biggest deal since it emerged from bankruptcy in July 2009. Two weeks ago, the company agreed to buy ...


Max Fraad Wolff | Posted 05.25.2011 | Business
Max Fraad Wolff

The ink on the new financial regulations is not yet dry, but General Motors -- still a government majority owned firm -- is buying a subprime lender.