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Originally Posted by fielderLS3
Can anyone give a single specific example of an American government owned entity that proved successful in the long run?
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Why do you care about the long term effects when the ownership is short term? Makes no sense to me. Sorta like worrying about the cost of replacing an engine for a car, when you only have a 3 year lease.
Quote:
Originally Posted by fielderLS3
It was reported last week that the new financing arm is coming through the acquisition of a lender that specialized in sub-prime car loans. Sounds like more of a potential disaster than even GMAC.
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Did you also read that they came away from the financial and auto melt down of 2008 nearly unscathed?