GM = who is owned BNS

[rocknrod]

Bank of Nova Scotia = BNS
The people who brought you = Bail out Ford, Get the Ford Family out of control et. Who finally got Ford in the positon they are today (this was in the past)
Well, they own GM.
Get over it. they do.
After a few very conservative Scotts bring GM back into reality.
I'm sure the comapany will get it BACK together.

[QWK SVT]

It's old news, but here's a link to the story - http://biz.yahoo.com/ap/051205/gmac_scotia.html?.v=1

GMAC has been the most profitable unit of GM. I know the move was planned, I mean GM talked about doing it a year ago (the buyer wasn't know then), but what's the plan? Selling off the profitable financing, to get back to their core business of losing money on the cars?:confused:


On a side note, BNS is one of the 5 big financial institutions in Canada. Head Office buildings for all are located within yards of each other, in downtown Toronto. I work for one of their competitiors, located across the street.