Monday, August 4, 2014

Focusing on G.M. Unit, U.S. Starts Civil Inquiry of Subprime Car Lending by MICHAEL CORKERY and JESSICA SILVER-GREENBERG



By MICHAEL CORKERY and JESSICA SILVER-GREENBERG


Federal prosecutors have begun a civil investigation of General Motors’ and other companies’ subprime auto lending practices, focusing on the packaging and selling of questionable loans to investors.


Published: August 4, 2014 at 4:00AM


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