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GMAC

Watch breaking news videos and read news updates about GMAC on FOXBusiness.com.

LATEST VIDEOS

Icahn on CIT Deal

10/30/2009|Happy Hour on FOX Business

Icahn on CIT DealBillionaire 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

Housing Sector's Faltering HealthWe 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 Outraged at U.S. BankersKinko's Founder Paul Orfalea on why he is so irritated with the state of financial industry.

Digging Deeper into GMAC

10/28/2009|Cavuto

Digging Deeper into GMACThe defunct financer continues to go back to the government for cash.

Midday Market Update 10-28-09

10/28/2009|FOX Business

Midday Market Update 10-28-09Ford is in "Focus" and GMAC needs more help. Meanwhile, durable goods are on the move.

GMAC Seeks Another Bailout

10/28/2009|FOX Business

GMAC Seeks Another BailoutFBN's Liz MacDonald on GMAC asking the Treasury for billions more in government funds.

Ford Gains on Competitors

10/26/2009|Bulls and Bears

Ford Gains on CompetitorsWSJ'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

TARP Cop: Treasury Made Best Deal With AutosCongressional 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

Tiger Woods on Teeing Off for CharityProfessional 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

Social Networking & Social Security NumbersAdam 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

By By Erik Berte and Julia Limitone| 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

By By Sue Chang| 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

GMAC CEO De Molina Resigns

By By Sue Chang| 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

By Ronald D. Orol| 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

By John Ittner| 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