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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
4
pearlbrownpearlbrown1,431 posts since
Nov 2, 2010
Rep Points: 6,248
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.
1
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,053
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