Let’s talk auto loans for a moment–a new study by the Consumer Bankers Association shows that 61% of new vehicle loans are for longer than 5 years. A key factor, they say, is consumers owing more than the value of their present vehicle and the rolling of that negative equity into the new loan…resulting in [...]
Archive for April, 2007
Well this is interesting; GM makes a bid for Chrysler
Wow that’s a great idea–General Motors, whose stock has gone from over $96 a share to $30 and change and who is losing $3.50 per share (est) this year, will bail out Chrysler, who has over $16,000,000,000 in unfunded healthcare liabilities, to say nothing about a [...]
