GM Subprime Car Lending Draws DOJ Attention

Aug. 5 (Bloomberg) -- Federal prosecutors are asking questions about the practices of GM’s financing unit, subpoenaing the company in the midst of a resurgence in U.S. auto sales fueled partly by a subprime lending boom. Matt Miller reports on “In The Loop.” (Source: Bloomberg)
Feroli, Doepke Discuss Fed Policy, Income Inequality
15:08 - Michael Feroli, chief U.S. economist at JPMorgan Chase & Co., and Matthias Doepke, an economics professor at Northwestern University, talk about the impact of Federal Reserve policy on income inequality in the U.S. They speak with Mark Crumpton and Olivia Sterns on Bloomberg Television's "Bloomberg Markets." (Source: Bloomberg)
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