GMAC Asking for More
Dec. 29 (Bloomberg) -- GMAC Inc., the home and auto lender, is discussing with the Obama administration an additional aid package of about $3 billion to $4 billion, according to a person familiar with the matter.
Yup, GMAC, that is a worthless turd is going to be bailed out by our communist overlord again. And I'm sure not for the last time. Because America stands for failure, supports failure and encourages failure. Maobama LOVES failure. The more failure he props up, the more party members he acquires.
But remember kids, if you want an AWESOME CD return of a whopping 1.84%, look no further than Ally Bank - the bank that openly lies about not being GMAC. I just wish they'd call those CDs what they really are: t-bills.