Report title: GMAC: Fate Still Intertwined with GM, Updated Potential Bank Capital Needs
from CreditSights
1956 word report published Nov 11, 2008

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Abstract: As GMAC seeks Bank Holding Company status, its fate still remains intertwined with 49% owner GM, which is also seeking government support. We update potential capital raise needs post 3Q results

Brief Excerpt: GMAC: Fate Still Intertwined with GM, Updated Potential Bank Capital Needs GMAC's application for bank holding company status is still pending while American Express got the nod The formerly captive lender to GM still remains highly...

Report Type: Company Article
Source: CreditSights Inc
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