GM to pay $3.5B for auto financing company

Full story: El Paso Times

General Motors Co. will buy AmeriCredit Corp. for $3.5 billion, a deal that allows the automaker to expand loans to customers with poor credit and offer more leases, key areas where GM must grow to accelerate its car sales.

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Obama bin Biden El Paso, TX	Reply » \| Report Abuse \| Judge it! \| #1 Jul 22, 2010 Judged: 3 3 2 Unbelievable, GM hasn't even paid back a 1/4th of the money they owe and they want to spend more? It's ok for the Unions because they are in the back pocket of the Obama administration. It's all for the unions.
Detroit dave Panama City, FL	Reply » \| Report Abuse \| Judge it! \| #2 Jul 22, 2010 Judged: 3 3 3 Obama bin Biden wrote: Unbelievable, GM hasn't even paid back a 1/4th of the money they owe and they want to spend more? It's ok for the Unions because they are in the back pocket of the Obama administration. It's all for the unions. GM just received billions for retooling, From the taxpayers!
Obama bin Biden El Paso, TX	Reply » \| Report Abuse \| Judge it! \| #3 Jul 26, 2010 Judged: 1 1 Detroit dave wrote: <quoted text>GM just received billions for retooling, From the taxpayers! Yep, and nobody wants to talk about it. UNIONS & THE MEDIA ARE IN THE BACK POCKET OF THE DEMOCRAT PARTY!!!!! Unions wrote the Healthcare bill!!!!! Let's take back our country in November!!!!!!!
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