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U.S. puts up $6 billion to support auto lender GMAC (Reuters)

Started by riky, December 30, 2008, 08:01:52 AM

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riky

U.S. puts up $6 billion to support auto lender GMAC
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - The Bush administration on Monday expanded its bailout of the U.S. auto industry, saying it was buying $5 billion in equity in auto and mortgage finance company GMAC and increasing a loan to General Motors by $1 billion.</p><br clear="all"/>


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