GM in March said it expected results from finance company GMAC, in which it retains a 49% stake, to remain under pressure due to increased defaults in subprime mortgages.
GMAC last week said it would lay off as many as 700 workers at its ResCap home-lending unit due to mounting losses in subprime loans.
LOL LOL LOL
You swine lol
I knew you'd fit that in there some where
Who caused all this mess
Those Sub-prime people lol
But don't worry
It's contained lol
Stinky do me a favor
See if Cap's hat fits him lol