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U.S. gov’t gives GMAC US$3.8 bil. in new aid

(ChinaPost.com.tw) – The government gave GMAC Financial Services another US$3.8 billion in cash and took a majority stake in...

C ommercial real estate company Capmark Financial filed for bankruptcy protection Sunday, undone by declines in the sector and...

Investors in Cerberus are seeking the return of more than $5.5 billion ($£3.3 billion) from the fund, which has...

CHICAGO – Fitch Ratings affirms and assigns Rating Outlooks to GMAC’s commercial mortgage pass-through certificates, series 1999-C3, as follows:...

NEW YORK, April 17 /PRNewswire/ — The GMAC Financial Services Board of Directors declared quarterly dividend payments on preferred...

By Bernard Simon in Toronto Published: December 30 2008 14:19 | Last updated: December 30 2008 19:31 moved quickly...

CHICAGO – Fitch Ratings downgrades and assigns Rating Outlooks to eight classes of GMAC Commercial Mortgage Securities, Inc., series...

Graduate Management Admission Council Expands its Operation MBA Program with U.S. Army Reserve WASHINGTON, Feb. 3 /PRNewswire-USNewswire/ — The...

Focus DIY’s problems are the least of the worries for Cerberus Capital Management, the US private equity group which...

Andrew Cuomo, New York’s attorney general, will force Ezra Merkin, the former GMAC chairman who funnelled money to Bernard...

SALT LAKE CITY – Ramsden, Inc. has filed suit in the United States District Court for the District of...

DETROIT — GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who...

NEW YORK (Reuters) – GMAC LLC on Friday said that as part of its $6 billion federal bailout and...

Reuters – GMAC LLC on Friday said that as part of its $6 billion federal bailout and decision to...

NEW YORK (Reuters) – GMAC LLC on Friday said that as part of its $6 billion federal bailout and...

The filing also says GMAC won’t have to provide lease financing. Auto finance companies have lost money on leases...

Reuters – GMAC LLC on Friday said that as part of its $6 billion federal bailout and decision to...

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

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

NEW YORK/DETROIT (Reuters) – General Motors Corp and its GMAC funding affiliate launched programs on Tuesday to lure U.S....