(Reuters) - "I think investors understood that issues in nonprime would not be limited to the fourth quarter, that you would see some effect in 2007, but frankly I don't think that was fully factored in," Henderson told reporters after GM reported its first-quarter results.
GM, which still owns a 49 percent stake in GMAC, realized a loss of $115 million in the first quarter from its investment in the finance company.
Read more at Reuters.com Business News
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