Capmark, the commercial lending arm of what had been GMAC, the financing arm of the “bad GM” filed for bankruptcy Friday. The parent company had already filed back in October. Not to worry, the recovery is underway.
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I see a light at the end of the tunnel…..NOPE, I had better turn around. It is just everyone running the other direction…..away from that mess that looks just like a black hole, eating everything in its path…..