Wednesday, October 28, 2009

GMAC seeking third round of bailout funds - WSJ - Oct. 28, 2009

GMAC seeking third round of bailout funds - WSJ - Oct. 28, 2009: "GMAC Financial Services is seeking a third round of bailout funds from the U.S. Treasury Department, according to a report in the Wall Street Journal....the U.S. government could provide an additional $2.8 billion to $5.6 billion to the lender....The U.S. has already injected $12.5 billion in the lender since December 2008 and owns

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