Treasury, GMAC in talks for 3rd round of US aid

Courtesy Topix - Business News  Wed, 10/28/2009 - 06:57

GMAC Financial Services is in talks with the Treasury Department for a third injection of taxpayer aid as the auto lender faces a November deadline to raise the $11.5 billion capital cushion mandated by results of the government's "stress test" earlier this year.

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