Correction time for subprime autos as AmeriCredit squeezes through

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Correction time for subprime autos as AmeriCredit squeezes through

General Motors

US auto lender AmeriCredit paid up for its latest subprime loan securitization this week, after a period of widening in the sector sparked by increased regulatory scrutiny. While the deal did get away successfully, market participants were left wondering why it was brought to market in such poor conditions.

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