Elizabeth Warren actually said...

So, right now, your business model is that you have the exclusive right to sell, in effect, zero percent financing on GM cars.

Chair Warren summarizes GMAC's exclusive financing model.

02/24/2010

More Elizabeth Warren Quotes

I think that's obscene. I don't think the student loan program should be designed so that it's making profits for the Federal Government.

I appreciate you holding this hearing. It's very important, and thank you all for coming.

I want to suggest that--we know that there are problems with Sallie Mae.

Just loans from 2007 to 2012 are now on target to make $66 billion in profits for the U.S. Government.