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GMAC Is Unlikely to Seek More Government Aid [WSJ]

Thursday, February 25, 2010 - 7:34 PM
From the WSJ
GMAC Financial Services is angling to return to the stock markets with an initial public offering in the next two years, the auto lender's chief executive testified during a congressional hearing Thursday.
I hope the FDIC will end the rate restrictions that it has placed on Ally Bank (the subsidiary of GMAC) (see post).
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634