NEW YORK (Reuters) – The federal bailout of auto lender GMAC LLC puts a floor under the potential losses for its owner Cerberus Capital Management and could provide a roadmap for the private equity ...
BOSTON — GMAC LLC and a bank lobby group are butting heads over the high interest rates GMAC's bank unit is paying for deposits, with bankers saying GMAC is unfairly subsidized by federal funds. In ...
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