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GMAC loses exclusive GM car-financing rights

DETROIT GMAC will no longer have exclusive rights to provide low-interest loans to people who buy General Motors Corp....

Government to get 5 million preferred GMAC shares

The federal government will get 5 million preferred shares of GMAC paying 8% interest in exchange for its $5...

GMAC swaps $21bn debt

NEW YORK: GMAC, the General Motors Corporation financing affiliate that received a $6 billion capital infusion from the government,...

GMAC to offer 0% loans on some GM autos

(ChinaPost.com.tw) – It didn’t take long for the government bailout of GMAC to filter down to the car lot....

GMAC bondholders agree to swap $21.2B in debt (AP)

AP – GMAC Financial Services said Wednesday that bondholders representing $21.2 billion of its debt have agreed to the...

GMAC bondholders agree to swap $21.2 billion in debt

The results of the exchange offer come a week after the Federal Reserve went ahead and approved GMAC’s application...

Stocks rise on loan for GMAC

Wall Street rallied Tuesday, ignoring a report saying consumer confidence fell to a record low this month and focusing...

Wall St rallies on GMAC rescue

NEW YORK – US STOCKS revved higher on Tuesday after a government rescue announced for finance firm GMAC and...

Test Your Knowledge of the News in 2009

1. Singer, former model and first lady of France Carla Bruni-Sarkozy released her latest album in August. In one...

GMAC rescue drives Wall Street rally

NEW YORK: US stocks closed higher on Tuesday after a government rescue announced for finance firm GMAC and its...

Politically a barren year as Callaghan and Lynch sparred

In all his talks with Jack Lynch, Jim Callaghan was minimising Lynch’s room for manoeuvre, writes John Bowman

Polls open in Bangladesh parliamentary election

29 Dec 2008 02:20:46 GMT Source: Reuters (Adds polls open, turnout details, quotes) By Anis Ahmed DHAKA, Dec 29...

Bill regulating extremist sites pulled from Parliament

In a bid to get tough on online extremism, lawmakers have submitted a set of amendments that would make...

Algeria MPs call on Parliament for special session on Gaza

Algerian MPs deputies demonstrated at the Parliament’s headquarters Sunday calling on the Algerian National Assembly’s speaker Abdelaziz Ziari to...

OPEC INTERNATIONAL DEVELOPMENT FUND TO PROVIDE 14 MILLION USD TO ARMENIA &nbsp&nbsp YEREVAN, DECEMBER 25, ARMENPRESS: Armenian ambassador to Austria Ashot Hovakimian and General Director of OPEC International Development Fund Suleyman al Herbish signed De

&nbsp&nbsp Armenian Foreign Ministry press service told Armenpress that the credit is provided for the implementation of “Marketing Opportunities...

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