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Government offers $6 billion to support auto lender GMAC (Reuters)

Started by riky, December 30, 2008, 03:03:06 AM

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riky

Government offers $6 billion to support auto lender GMAC
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - The government said on Monday it was pumping $5 billion into auto and mortgage lender GMAC LLC and lending up to $1 billion to automaker General Motors,  ensuring the solvency of a company considered crucial to GM's survival.</p><br clear="all"/>


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