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Americredit

Can Subprime Loans Save Government-Owned GM ?

nytimes.com | 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 ...

Subprime-Timing

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.