[lbo-talk] GMAC, Cerberus, and ResCap

Charles Brown charlesb at cncl.ci.detroit.mi.us
Thu Nov 20 09:01:26 PST 2008



>>> "John Harp" <xjohnharpx at gmail.com> 11/20/2008 2:14 AM >>>
Can someone explain why Detroit's subprime investment's have NOTHING to do with today's hearing or the requested handout? I just don't get why every comment about it is either about 1)armchair speculations on how to be a detroit ceo 2)cheap shots at the uaw.

Help needed.

^^^^ CB: Maybe they don't want it widely known how much of industrial caps are financial caps nowadays, with the long term merger of finance and industry.

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