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Posts: 158
In response to
"
I take issue with GM using GMAC as a backdoor to bailout money. -- nm
"
by
ty97
GM won't see any of that money. GMAC needs it or they too will go under
Posted by
decline (aka Decline)
Nov 20 '08, 09:42
GM only owns 49% of GMAC
Cerberus owns the rest
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