A look back at a 2005 blog post by GM (NYSE:GM) Vice Chair Bob Lutz show the company was betting the house, and rollled craps
So, is it now payoff time from the Dems for the union support in the last election?
So, not only can't they make cars people want to buy, they apparently have trouble loaning the money to those likely to pay it back.
So, the company that gave 105% LTV for autos that depreciate, now wants to get into banking?
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