Tuesday, January 5, 2010
GMAC Says Lender Will Post $5 Billion Quarterly Loss
GMAC Says Lender Will Post $5 Billion Quarterly Loss: "' GMAC Inc., the auto and home lender bailed out by the U.S. government three times, said its combined fourth-quarter loss was about $5 billion as the company tried to stanch losses from mortgages.'"
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