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In response to
"gm has asked the fed to allow its financing arm gmac to become a bank holding company and has applied for funds out of the $700 billion bailout....nm"
by
x
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The Feds have been letting *everyone* reclassify as a bank holding company so they can dip into the pot.
Posted by
ty97
Nov 20 '08, 04:58
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It's laughable, and will probably work.
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Responses:
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