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Ally Financial Meets With Banks On IPO

Wednesday, January 26, 2011 - 6:03 PMAlly Bank - Details
A familiar name is in the news:

Ally Financial Inc., the former General Motors finance arm that had to be bailed out by the U.S. government, is meeting with investment bankers this week to pick a team to handle an initial public stock offering.
AP Source: Ally Financial meets with banks on IPO - Yahoo! Finance
pearlbrownpearlbrown1,491 posts since
Nov 2, 2010
Rep Points: 6,490
1. Wednesday, January 26, 2011 - 6:13 PM
Look forward to Ally being free of government ownership. That may eliminate the deposit rate caps that the WSJ alleged are being placed on Ally by the FDIC.
Ken TuminKen Tumin5,473 posts since
Nov 29, 2009
Rep Points: 125,800