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Ally Financial downplays Carvana risk  

Ally provides Carvana, fending off bankruptcy, with $5B in forward flow and $2.2B in floorplan financing 

Amanda Harris and Joey Pizzolato

Carvana‘s stock might be in freefall, but the company still has at least one fan: Ally.  Ally Financial Chief Executive Jeffrey Brown downplayed the auto lender’s risk exposure to Carvana’s ongoing financial woes Tuesday at Goldman Sachs’ 2022 U.S. Financial Services Conference, noting that the lender is in “daily, weekly talks” with Carvana Chief Executive […]

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