{"id":2570,"date":"2010-06-28T04:24:24","date_gmt":"2010-06-28T12:24:24","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=2570"},"modified":"2010-06-28T04:59:01","modified_gmt":"2010-06-28T12:59:01","slug":"government-motors-recovery-strategy-make-bad-loans","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/government-motors-recovery-strategy-make-bad-loans\/","title":{"rendered":"Government Motors recovery strategy:  Make bad loans"},"content":{"rendered":"<p>General Motors has an <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704629804575324630345770138.html\">impediment to gaining greater market share<\/a>:<\/p>\n<blockquote><p><em>General Motors Co. is in talks with financial institutions to broaden  the availability of auto loans, a strategy that for now sets aside any  plans to acquire its own lending arm, people familiar with the situation  said.<\/em><\/p>\n<p><em>The car maker has had trouble providing loans to more  consumers, particularly those with weaker credit history, and views this  as a barrier to winning back U.S. market share.<\/em><\/p><\/blockquote>\n<p>So, if we can only get loans to people with weak credit, we can sell more!\u00a0 Hmm, where have we heard this before?<\/p>\n<p>In other news, the new financial services overhaul bill&#8211;the one designed to never let poor lending practices undermine our credit markets ever again&#8211;<a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704629804575325153771986666.html\">exempts auto dealer car loans from the same regulations covering bank loans<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>General Motors has an impediment to gaining greater market share: General Motors Co. is in talks with financial institutions to broaden the availability of auto loans, a strategy that for now sets aside any plans to acquire its own lending arm, people familiar with the situation said. The car maker has had trouble providing loans [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[75],"class_list":["post-2570","post","type-post","status-publish","format-standard","hentry","category-irrationality","tag-some-are-more-equal-than-others"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/2570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=2570"}],"version-history":[{"count":4,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/2570\/revisions"}],"predecessor-version":[{"id":2574,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/2570\/revisions\/2574"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=2570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=2570"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=2570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}