Ally Financial bets on subprime auto loans

NEW YORK (Reuters) – Ally Financial Inc, the largest provider of auto loans in the United States, hopes people have forgotten when “subprime” became synonymous with “disaster”. Ally, formerly known as GMAC Financial Services, is preparing to go public this year and argues that subprime loans for used car buyers …

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How a dishonorable discharge can ruin your life

Countries are vying for their position as climate change makes the Arctic more conducive to navigation and the extraction of natural resources. Conditions in the far north are still formidable, requiring specialized vessels. This is acutely felt in the United States, primarily due to its scarcity of icebreaking capacity compared …

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