Who’s GMAC’s new owner? You are, American taxpayer. | ShortFormBlog

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Posted on December 30, 2009 | tags

Older: An AIG exec resigns over pay. A tree falls down in the forest.

Newer: Ho-ho-holy crap, did you see this online holiday sales number?

Older in Biz: An AIG exec resigns over pay. A tree falls down in the forest.

Newer in Biz: Ho-ho-holy crap, did you see this online holiday sales number?

Biz: Who’s GMAC’s new owner? You are, American taxpayer.

$3.8
billion the government’s added stake in the struggling GM-tied auto financing company
$16.3
billion the government’s total stake in the company; that’s more than Chrysler, guys source

Posted by Ernie Smith • Permalink

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An AIG exec resigns over pay. A tree falls down in the forest.