Thursday, November 20, 2008

GMAC Seeks Bailout Money as Holding Company

GMAC Financial Services has applied to the Federal Reserve to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the Treasury's $700 billion bank rescue plan.

read more | digg story

No comments:

4-3-2025

Trump’s Tariffs Could Reshape the US Tech Industry   Apple leads a drop in tech stocks after Trump tariff announcement White House Finally C...