Wednesday, October 28, 2009

 

Treasury, GMAC in talks for 3rd round of US aid

Treasury says auto lender GMAC in talks for billions more in taxpayer funds to boost capital

GMAC, the former lending arm of General Motors Co., is in talks with the Treasury Department for a third injection of taxpayer aid, a further sign of the U.S. government's entrenchment in the U.S. auto industry...

Yahoo!: Treasury, GMAC in talks for 3rd round of US aid

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