Memorial Day meant just a bit more to me yesterday after I had the fortune of hearing Col. Jack Jacobs speak.
See, Jack Jacobs is a recipient of a Congressional Medal of Honor, our nation’s highest accommodation for valor in battle. Jacobs later started and served as chief operating officer of AutoFinance Group Inc., which makes him one of us. AutoFinance Group Inc., a subprime auto financier, was eventually sold to KeyBank in 1995.
Jacobs’s message was simple: “There is not enough memory in Memorial Day.” He urged everyone attending this Memorial Day service in New York to try harder to remember those who have fallen fighting for America. Of course, he is right.
So perhaps by reading this you’ll remember just a bit more. Gen. George Patton once said, “It is foolish and wrong to mourn the men who died. Rather, we should thank God that such men lived.”
We at AutoFinanceNews.net are thankful indeed.
I would have to agree with David and Michael. I do not believe we will see any statistical difference in delinquency from the program. The buyers remorse that people are talking about is probably more to the fact that people went onto the dealerships not really knowing what qualified and ended up buying a differnet vehicle than they first wanted. The remorse they will get is when they all get a 1099 from Uncle Sam for their C4C rebate!!