GM’s Rebuilt Finance Arm: Profits Minus the Mortgage Mess – Wall Street Journal


Wall Street Journal

GM's Rebuilt Finance Arm: Profits Minus the Mortgage Mess
Wall Street Journal
GM spent $3.5 billion in 2010 to acquire AmeriCredit Inc., a subprime-loan specialist that originated in the 1980s as a small chain of Texas used-car lots. As the company began cobbling together services to become a full captive, the chief executive of

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