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Originally Posted by ssdd
I sure wish cfc would follow suit...
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It will be interesting to see what happens with CFC.
Now that GMAC has obtained their Bank Holding Company status Cerberus is going to be forced to reduce their ownership position. If Cerberus still has dreams of making money in the automotive finance arena they may want to shift their efforts toward CFC.
I noticed that there's a story on CFC in Automotive News that I haven't had a chance to read yet - perhaps that will provide some insight.