The government now has an equity stake in auto lender GMAC Financial Services after providing $12.5 billion in aid to keep loans flowing to buyers of GM and Chrysler cars, the Treasury Department said Tuesday.
Government now has 35.4 percent stake in GMACCourtesy Newsvine - business Tue, 06/02/2009 - 14:46
The government now has an equity stake in auto lender GMAC Financial Services after providing $12.5 billion in aid to keep loans flowing to buyers of GM and Chrysler cars, the Treasury Department said Tuesday. Related itemsTreasury, GMAC in talks for 3rd round of US aid
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