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Thursday, February 25, 2010 - 7:34 PM
GMAC Is Unlikely to Seek More Government Aid [WSJ]
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).
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