12/25/08

GMAC - Fed opens door to bailout funds - CNNMoney.com



AFP
GMAC - Fed opens door to bailout funds
CNNMoney.com - 11 hours ago
Top regulator grants bank holding company status to GM's troubled financing arm. Cites turmoil in financial markets. By CNNMoney.
GMAC Granted Bank Status as US Seeks to Save GM Bloomberg
Fed grants GMAC ability to seek bailout funds The Associated Press
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