Watch breaking news videos and read news updates about GMAC on FOXBusiness.com.
LATEST VIDEOS
Billionaire investor Carl Icahn on why the bondholders will take control of the small-business lender.
Housing Sector's Faltering Health
10/28/2009|Web Exclusive
We break down the latest batch of housing numbers and what they mean for the market.
Kinko's Founder Outraged at U.S. Bankers
10/28/2009|America's Nightly Scoreboard
Kinko's Founder Paul Orfalea on why he is so irritated with the state of financial industry.
Ford is in "Focus" and GMAC needs more help. Meanwhile, durable goods are on the move.
FBN's Liz MacDonald on GMAC asking the Treasury for billions more in government funds.
WSJ's Matthew Dolan on Ford's sales performance despite not taking federal bailout money.
TARP Cop: Treasury Made Best Deal With Autos
09/09/2009|Money for Breakfast
Congressional Oversight Panel Chair Elizabeth Warren on a new TARP report on the auto companies.
Tiger Woods on Teeing Off for Charity
08/24/2009|Money for Breakfast
Professional golfers Tiger Woods and Notah Begay III on the golf tournament to raise money for the Notah Begay III Foundation.
Social Networking & Social Security Numbers
07/14/2009|Web Exclusive
Adam Levin of Identity Theft 911 and Credit.com on the risks of putting your hometown and birthday on your social-networking profile.
LATEST STORIES
Bank of America, Stimulus Jobs - Week in Review: November 16-20, 2009
| FOXBusiness| Markets
Chrysler could end up losing over 100 dealerships if these dealers can’t find a way to reach new financing deals with GMAC . Chrysler, however, was optimistic that all or most of the dealerships would be able to find financing by the end of November
Story|11/20/2009
Chrysler Could Lose More Than 100 U.S. Dealerships
Reuters| Markets
they cannot reach new financing deals with GMAC Financial Services or another lender ..... by the end of November whether through GMAC or other lenders, Chrysler spokeswoman ..... Chrysler dealerships sought financing through GMAC , which replaced Chrysler Financial as
Story|11/20/2009
GMAC Names Michael Carpenter As CEO
| MarketWatch Pulse| Markets
Chang MarketWatch Pulse SAN FRANCISCO -- GMAC Financial Services on Monday named Michael ..... operational changes necessary to focus GMAC on its core auto finance and related businesses ..... stints with Citigroup and GE Capital. The GMAC board also requested the Treasury Department
Story|11/16/2009
| MarketWatch Pulse| Markets
By Sue Chang MarketWatch Pulse SAN FRANCISCO -- Chief Executive Alvaro De Molina has resigned from GMAC , the Wall Street Journal reported late Monday on its Web site. Michael Carpenter will be named as his successor, the newspaper said. Copyright © 2009 MarketWatch, Inc.
Story|11/16/2009
$10,000 per Congressional Motors Car Sold « John Stossel
Other Stories
has gone to just three firms--General Motors, Chrysler and GMAC --with GM alone receiving over $50 billion. Despite this gift ..... think we'll find it difficult to get rid of them. Already, GMAC is asking for a third round of bailouts in the range of $2
Blog|11/16/2009
Digging Deeper into Ford « The Cody Word
The Cody Word
clamor for direct bailout infusions as GMAC , CIT and Goldman Sachs did when they got TARP ..... Federal Reserve like the aforementioned GMAC , CIT and Goldman Sachs did in the past year ..... subprime games and what not like GE Capital, GMAC and other giant financial firms did. And
Blog|11/13/2009
Federal Reserve Says Stressed Banks Are On Track
| MarketWatch Pulse| Markets
them have hiked their assets sufficiently, according to a Federal Reserve statement on Monday. The one exception, auto lender GMAC LLC, is in discussions with Treasury about its financial situation and whether it will need to access additional funding from
Story|11/09/2009
Pay Czar Says Jury Still Out on Reforms
Reuters| Markets
International Group Inc (AIG), Bank of America Corp (BAC), Citigroup Inc (C), General Motors Co GM.UL, Chrysler, GMAC and Chrysler Financial. Feinberg has said financial firms should be prepared to face tough scrutiny from regulators on pay plans
Story|11/06/2009
Tweeterfied: At the World Series, Fannie Mae and Goldman screw the taxpayer, Jay-Z’s kneeling to
The Cody Word
program- http://bit.ly/4lPNUX What do you think of it? GMAC needs $5bb in welfare this wk. Last wk, THEY PAID OUT DIVIDENDS ..... I break it down for ya: http://bit.ly/2N0gBm Why is GMAC Paying Dividends While It Begs the Taxpayer for Money? Yet another
Blog|11/06/2009
ResCap Weighs On GMAC's 3Q Results
| MarketWatch Pulse| Markets
John Ittner MarketWatch Pulse NEW YORK -- GMAC Financial Services on Wednesday reported ..... billion in the year-ago third quarter. GMAC 's loss from continuing operations was ..... legacy assets and that is still weighing on GMAC 's financial performance," said GMAC
Story|11/04/2009