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Tuesday, January 5, 2010 - 8:09 PM

&Quot;GMAC Expects $5B Loss In 4Th Quarter

"GMAC expects $5B loss in 4th quarter, mostly from writing down mortgage assets for sale, selling mortgage assets"

http://finance.yahoo.com/news/GMAC-expects-5B-4Q-loss-apf-917453934.html?x=0&sec=topStories&pos=main&asset=&ccode=

This ought to help Ally's deposit yields. Yeah, right.
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May 9, 2010
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