U.S. Treasury confirms $6 bln disbursed for GMAC
WASHINGTON, Dec 31 (Reuters) – The U.S. Treasury Department
confirmed on Wednesday that it disbursed $6 billion in funds to
support automotive finance company GMAC LLC.
More economic pain seen in 2009, but some hope too
SINGAPORE/NEW YORK (Reuters) – Many investors said good riddance on Wednesday to one of the worst years on record and prayed that government rescue plans will pull the global economy out of its fierce tailspin later in the new year.
More economic pain seen in 2009, but some hope too
SINGAPORE/NEW YORK (Reuters) – Many investors said good riddance on Wednesday to one of the worst years on record and prayed that government rescue plans will pull the global economy out of its fierce tailspin later in the new year.
UPDATE 3-GMAC eases debt burden with $21.2 billion swap
NEW YORK, Dec 31 (Reuters) – GMAC, the General Motors Corp
financing affiliate that received a $6 billion infusion
from the government, completed a multibillion dollar debt swap
on Wednesday designed to bolster its capital.
Madoff complying with assets disclosure deadline
NEW YORK (Reuters) – Accused swindler Bernard Madoff was complying with a court-ordered deadline to tell U.S. regulators how much money he has left, as lawmakers prepared to take their first close look at the alleged scheme that duped investors worldwide.
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