Grassley slaps GM buy of subprime unit

Full story: PittsburghLIVE.com

General Motors, the automaker 61 percent owned by the Treasury, is facing criticism over its decision to pay $3.5 billion to buy a lender that specializes in auto loans to shoppers with less than top-notch credit.

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Detroit dave

Panama City, FL

Judged:

GM wants to make high risk loans, to losers( people who buy GM products) with taxpayer money! Please read the article!

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