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Reuters: GMAC has $7.46 billion profit, main units still in red

Started by chris, February 03, 2009, 05:59:10 PM

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chris

GMAC has $7.46 billion profit, main units still in red
      
   
      


NEW YORK (Reuters) - Finance company GMAC LLC, which won a government bailout in December, posted a $7.46 billion fourth-quarter profit on Tuesday as a gain from a debt swap offset billions of dollars of losses in its auto and mortgage units.<div class="feedflare">
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