WASHINGTON — ? The U.S. Treasury Department said that it will provide $5-billion (U.S.) to GMAC Financial Services LLC, the ailing financing arm......
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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.
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GMAC stays silent on bailout hurdle
Globe and Mail - 330 days 16 hours 28 minutes ago
NEW YORK — The financing arm of General Motors Corp. remained silent Monday on whether it had raised enough capital to become a bank-holding...
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