GMAC
http://www.gmacfs.comGMAC, the financing arm of General Motors (NYSE: GM), provides financial services including automotive finance, real estate finance, insurance, commercial finance and online banking. The firm is partly owned by GM and Cerberus Capital Management.
On December 24th, 2008, the Federal Reserve approved GMAC’s request to become a bank holding company enabling the company to gain access to government aid.
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Fitch Affirms Class A-J of GMAC Commercial Mortgage 2004-C3; Revises Outlook to Negative
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Fitch Places 6 Classes of GMAC Commercial Mortgage Securities, Inc., 2003-C2 on Watch Negative
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Mobile GMAT Test Center to Visit Historically Black and Hispanic-Serving Colleges and Universities
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General Motors' Fritz Henderson to Deliver Keynote Address at NAFA's 2010 I&E
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Chrysler Group LLC Reports September 2009 U.S. Sales
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Tetra Tech (TTEK) Wins U.S. Navy Contract
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Tetra Tech (TTEK) Wins Global Multiple-Award Construction Contract with the U.S. Navy
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Citigroup (C) Sends Mixed Messages On FDIC Debt Guarantees
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Rattner Steps Down From Auto Task Force, Bloom To Take Over
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Cerberus Tells Investors That They Can't Pull Money Out of Main Hedge Fund
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TARP Payback Separates Banks Into "The Anointed" and "The Zombies"
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Fed Said 10 Banks With Capital Shortfalls Have Submited Capital Plans
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TARP Payback Approval Expected Soon (GS, JPM, AXP, BK)
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Chrysler LLC To Offer 0% Financing And Cash Incentives On New Vehicles
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GMAC Financial Has No Plans to File for Bankruptcy
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GMAC Financial Services Issues Statement Regarding GM Bankruptcy
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Treasury Makes $7.5B Investment In GMAC, To Hold 35.4% Stake
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Stress Test Results Show 10 of 19 Large U.S. Banks Need Additional Capital Buffer
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GMAC (GM) needs $11.5 billion additional capital buffer under government stress test.
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Bank Stocks Continue Higher Ahead of Official Stress Test Results (XLF, BAC, WFC)
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David Moenning's Daily State of the Markets: 5/7
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GMAC Said To Need $11.5B In Capital After Stress Test - Bloomberg
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Banks Stocks Rally As Investors Blow-Off Stress Test Leaks (XLF, BAC, WFC)
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Obama: Confirms That Chrysler to Restructure Through Bankruptcy; GMAC to Finance New Chrysler Sales; Sees Alliance with Fiat as Having a 'Strong Chance of Success'
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Regulators Considering Release of Data from Bank Stress Tests
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GMAC Financial Announces Credit Help For Dealers and Retails Customers
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Deutsche Bank Upgrades Lear Corp. (LEA) to Hold
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Deutsche Bank Upgrades American Axle & Manufacturing (AXL) to Hold
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GMAC's Chairman, Ezra Merkin to Resign -CNBC
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Top 15 For 2008 (No. 7): The Big 3 On Their Knees
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GM Certified Used Vehicles (GM) Offers Nationwide GMAC Rate Incentive Financing on Select Vehicles
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Analyst Says GMAC News Is Good For GM (GM) Customers and Dealers, Not The Stock
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GMAC Consummates Notes Exchange Offers
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David Moenning's Daily State of the Markets: 12/30
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Morning Movers 12/30: GM (GM) Higher After GMAC Gets Govt Billions, Rick's Cabaret (RICK) Lower on Results
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GM (GM) Announces Financing As Low As 0%
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General Motors (GM) option prices expensive into Treasury funding
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Poor Credit Welcome Again at GMAC (GM)
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Treasury Announces $5B Investment In GMAC
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Top 10 News Items 12/22-12/26: GMAC Gets Bank Holding Status, Mortgage Applications Surge and Wall Street Suicide Tied To Madoff
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Bearish GM (GM) Analyst Has Some Positive Things To Say After GMAC Bank Holding News
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Unusual 11 Mid-Day Movers 12/26: Jones Apparel (JNY) Up On Amended Credit Facility; GM (GM) Up On GMAC Bank Holding News
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Morning Movers 12/26: GM (GM) Up On GMAC Bank Holding News, Amazon (AMZN) Up on Strong Holiday Season
