TARP Panel Finds Fault With GMAC Bailouts New York Times (blog) The government might have been able to arrange a strategic bankruptcy for GMAC, as it did for General Motors and Chrysler, preserving its automotive ...
GMAC's pay policy called into question Financial Times The company, which also operates a mortgage division called ResCap and an online bank, Ally, lost $5bn in its most recent quarter, mostly from souring home ...
Shocker: TARP funds went to unworthy companies True/Slant The government might have been able to arrange a strategic bankruptcy for GMAC, as it did for General Motors and Chrysler, preserving its automotive ...
A hoop dream that could boost Barclays Independent Its Wall Street arm, Barclays Capital, did buy Lehman Brothers' US business out of bankruptcy in 2008, but for the man on Main Street, it is still a case ...
UPI NewsTrack Business istockAnalyst.com (press release) Contrary to its treatment of General Motors Co. and Chrysler Group, which went into bankruptcy last summer, the Treasury has not pushed GMAC to come up with ...
Report parcels out blame for Lehman's collapse Minneapolis Star Tribune Among them were bad mortgage holdings and, less directly, demands by two rivals, JP Morgan Chase and Citigroup, that the foundering bank post collateral ...
Court-Appointed Lehman Examiner Unveils Report New York Times (blog) 4:14 pm | Updated The directors of Lehman did not breach their fiduciary duties in overseeing the firm as it acquired toxic mortgage assets that eventually ...
You'll never see that money again Marketplace (blog) It was widely known that GMAC crushed itself by getting into the mortgage business and still, the government gave it a second helping of billions in May, ...
Homeless man lives off hotel points from former life Examiner.com In August, he filed for bankruptcy, and in January a pair of sheriff's deputies escorted him away from his house. While his possessions remain in storage, ...
