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n. Illinois | There is a massive giant sucking sound associated with First Brands. Lots of hurt going to go around. GM and Ford have kicked in Dollars to keep some of the companies operating.
The owners were crooks from Day 1, The Private equity Lenders were only interested in pursuing big deals and were suckered into a financial black hole by the crooks. Wait till we find out which Commercial banks were financing the Private Equity lenders and have to write off millions in loans to them. | |
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