Refinance Mortgage - GMAC stays mum on bailout hurdle - Asbury Park Press
GMAC stays mum on bailout hurdle - Asbury Park Press
Corp. remained silent today on whether it cleared a final hurdle to become a bank-holding company and gain access to billions in federal bailout money. Analysts have speculated that if GMAC Financial Services LLC doesn’t obtain financial help it
Wall Street Extends Losses - Forbes
Stocks move further into the red after Dow Chemical’s Kuwait JV breaks down and Kerkorian sells off stake in Ford. With many investors extending their holidays through New Year’s, the Street drifted lower Monday afternoon in light trading. On a day
CEO is confident GM can meet loan conditions - Associated Press
DETROIT (AP) — General Motors Corp. CEO Rick Wagoner says the automaker has significant work ahead after receiving a federal bailout Friday, but he is confident GM will work with stakeholders to make the company viable. Wagoner said at a news
Bank of America, Citigroup May Lose on Rohm Purchase (Update1) - Bloomberg
Dec. 29 (Bloomberg) — Dow Chemical Co. lenders including Bank of America Corp., Citigroup Inc. and Morgan Stanley may press the chemicals maker to renegotiate the takeover of Rohm & Haas Co. to avoid losses on a $13 billion loan to fund the deal