Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Bankruptcy Ahead For Ally Financial Unit?

Sunday, April 15, 2012 - 7:40 AMAlly Bank - Details
KaightKaight24 posts since
Dec 5, 2011
Rep Points: 602
1. Sunday, April 15, 2012 - 8:25 AM
It's mortgage unit would go into bankruptcy, not it's deposit account operations...

"Ally Financial Inc. (ALLY), the home and auto lender majority-owned by U.S. taxpayers, may be signaling plans to put its money-losing mortgage unit into bankruptcy, according to Fitch Ratings."
ShorebreakShorebreak2,622 posts since
Apr 6, 2010
Rep Points: 14,216