GMAC Gets More Government Funding But Chrysler Financial Doesn't
11/03/09 13:23
I'm curious whether the Chrysler loan portfolio that GM has inherited is any different in performance from the GM one? Of course we now know why GMAC was so profitable a few
years back, riding the bubble up ... and now the fall once it's broken.
It may have to do with priorities - jobs over healthcare resonates. There certainly has not been the White House push on the latter that meaningful reform would require. Instead, we may have another patch, as happened with Medicare and Medicaid some decades back.
years back, riding the bubble up ... and now the fall once it's broken.
It may have to do with priorities - jobs over healthcare resonates. There certainly has not been the White House push on the latter that meaningful reform would require. Instead, we may have another patch, as happened with Medicare and Medicaid some decades back.