GMAC To Get 3.8 Billion More

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#3 (permalink)

12-31-2009, 10:04 AM

Excaliber

Senior Club Cobra Member

Join Date: Jul 2002

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Posts: 15,712

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We could let them go broke? Not sure what would happen, something bad I suppose? The bulk of their debt is toxic housing related sub prime loans. There kind of hard to sell, even at a discounted price.

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