Along with the amount estimated that consumers will borrow in car loans and the estimated very low default rates, my bet is that new car financing will be much easier to get in 2013.
While there may be local banks that are truly interested in building up their communities, we should not be deceived that just because it is a local bank, it is good for the community.
The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has re...