the debate about whether GMAC can be called a bank or not is only about definitions.
On Thu, Sep 18, 2008 at 11:39 AM, Sabri Oncu <[EMAIL PROTECTED]> wrote: > Jim: > >> This is a matter of debate over definitions, not about actual knowledge. > > And, what is the actual knowledge here? Is it not the actual knowledge > that GMAC borrows short-term and lends long-term? This is why they are > in trouble, since they are not able to borrow short-term any more, is > it not? By the way, WAMU seems to be going down, too! > > Sabri > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Jim Devine / "Nobody told me there'd be days like these / Strange days indeed -- most peculiar, mama." -- JL. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
