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:

1-7-2026

President White House Launches New Website to Defend 'Patriotic Americans' Involved in Jan. 6 Capitol Riot | The White House claims ...