Unclear if GMAC met final hurdle for bailout funds (AP)

[riky]

Unclear if GMAC met final hurdle for bailout funds
    (AP)

 

AP - The financing arm of General Motors Corp. wasn't immediately saying early Saturday whether it had met a midnight deadline to clear a final hurdle in its quest to become a bank holding company, which would allow it to access billions in federal bank bailout money.


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