AutoNews GMAC gets Fed's OK to become bank holding company

This site may earn a commission from merchant affiliate
links, including eBay, Amazon, Skimlinks, and others.

Joined
Dec 17, 2008
Threads
2,624
Messages
2,624
GMAC LCC won Federal Reserve approval today to become a bank holding company, giving it access to government lending programs, after owners General Motors and Cerberus agreed to cut their stakes.





More...
 
Back
Top Bottom