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Fannie Motors ---        GM’s securitization of subprime auto loans could create auto bubble

Fannie Motors --- GM’s securitization of subprime auto loans could create ...

by ~ The Rebel ~

General Motors has flooded financial markets with auto-backed securities in an effort to offload its risky subprime loans onto banks, a strategy industry insiders say could produce a bubble. High production costs and falling profit-per-car have led au...

Facebook Gets a Multibillion-Dollar Tax Break

Facebook Gets a Multibillion-Dollar Tax Break

by zbacku

It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards. Even though Facebook ( FB ) reported $1.1 billion in ...

The Latest Gm Pictures

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