Quantcast
Miscellaneous

GMAC Gets $6 Billion Infusion From Treasury

DEC 30, 2008 8:30pm ET

WASHINGTON–GMAC, the financing arm of General Motors, has become the latest to receive an infusion of cash from the Treasury Department. Treasury said it was funneling $6 billion from its Troubled Asset Relief Program into GMAC.

To continue, please sign in or subscribe
Free 14-Day
Trial
  • Online access to premium credit union content
  • Daily and weekly e-newsletters with top headlines
  • Learn why thousands of credit union professionals rely on Credit Union Journal
No credit card needed
Digital
Subscription
  • Access to our Credit Union Journal mobile app
  • Special reports providing the latest industry information
  • High-level perspective and insights on credit union strategies and tactics
Have an account?
SIGN IN HERE
Remember me