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  • Wall Street Breakfast: Must-Know News [View article]
    >>..."paying off GM's secured lenders in full to expedite..." >> The feds every move is designed to pump taxpayer dollars into financials, this time the ones dumb enough to lend to GM. I've been shorting them for YEARS.

    In what masquerades for "capitalism" in America, lenders no longer have any risk. Big nanny government just keeps shoveling federal monies to one and all, regardless of how stupid their lending standards are. "Interesting times", indeed.
    May 27 14:50 pm |Rating: +5 0 |Link to Comment
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