U.S. to give $3.8 billion more in aid to GMAC
SOURCE: DIGG • 2010-01-07
TOPICS:
Gmac • Cerberus Capital Management • J. Ezra Merkin • Business_finance • Politics
[34 diggs @ Business & Finance] The federal government said Wednesday that it will take majority control of troubled auto lender GMAC and provide an additional $3.8 billion in aid to the company, which has been unable to raise from private investors the money it needs to staunch... read more »
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gmac • united states • troubled auto lender • federal government