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RD Today => All the News => Business News => Topic started by: riky on December 31, 2008, 06:01:50 PM

Title: GMAC eases burden with $21.2 billion debt swap (Reuters)
Post by: riky on December 31, 2008, 06:01:50 PM
GMAC eases burden with $21.2 billion debt swap
    (Reuters)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081231/2008_12_31t113801_450x300_us_gmac.jpg?x=130&y=86&q=85&sig=RNZXYplKkz.xUxLzuHnVhQ--" align="left" height="86" width="130" alt="A view of a five-bedroom and two-bath home in Detroit, Michigan September 23, 2007. (Rebecca Cook/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081231/bs_nm/us_gmac)Reuters - GMAC, the General Motors Corp  financing affiliate that received a $6 billion infusion from the government, completed a multibillion dollar debt swap on Wednesday designed to bolster its capital.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081231/bs_nm/us_gmac