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December 31, 2008

Quote of the Day: What Subprime?

“’Six hundred twenty is not a subprime score,’ GM’s sales and marketing chief Mark LaNeve told Automotive News.  ‘That’s a very creditworthy buyer.  Hopefully, we’ll have access to more of the market that is out there.’”
        - Automotive News (12/30/08) (via Barry)

Lovely. Hence my back-to-back questions to mark on this yesterday on CNBC …

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