Topic: GMAC LLC
GMAC finance chief leaving for private equity job
AP News
GMAC chief financial officer Hull departing for position with private equity firmAutomotive finance company GMAC Financial Services will lose its chief financial officer to a private equity firm by the end of March, the company said Tuesday. Robert S. Hull will leave GMAC to become CFO at Providence Equity Partners ...
GMAC stable after latest bailout: US aide
AFP Global Edition
GMAC, the troubled former finance arm of General Motors, has been "stabilized" since the latest government bailout, a special US adviser told a congressional panel Thursday. Ron Bloom, a senior adviser to the US Treasury for the restructuring of the auto sector, told the Congressional Oversight Panel that GMAC, which ...
Government-owned GMAC loses $5 billion in 4Q
AP News
<div id="subtitle">GMAC reports $5 billion loss in 4th quarter, as money-losing mortgage unit weighs on results</div><div><p>Home and auto lender GMAC Financial Services said Thursday it lost $5 billion in the last three months of 2009, as ...
GMAC posts $5 billion Q4 loss
Reuters US Online Report Business News
<div><p>NEW YORK (Reuters) - GMAC Financial Services, a lender that is majority-owned by the U.S. government after multiple bailouts, said it lost $5 billion in the fourth quarter after writing down bad mortgage assets.</p><p>GMAC, one of the ...
Related Videos by 5min
on OneRiot
Related Photos by Flickr
