GMAC

NoCommonDog

Chip company finances customers to buy chips. Aircraft manufacturers finance the airlines that buy their planes. Auto makers finance people that buy their cars. Any successful mature business has a stellar credit rating that is just another asset to be exploited. In many cases the financial arm of a company trading off its credit rating becomes the most valuable part of the business and even spun off: GMAC finance , GE Finance , Sears credit business. All the people clutching their pearls about circular financing brings so much scrutiny that it's like misdirection from some other area that we are all missing (like Jensen's dick leading him astray)