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  • GMAC Has Finally Been Nationalized [View article]
    GMAC needs to be put in bankruptcy. The US taxpayers can no longer support bondholders. This is a non-systemic (unless there is too many unhedged CDS's out there - anyone know?) institution that we can reasonable do a change of direction.
    Oct 30 10:24 am |Rating: 0 0 |Link to Comment
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