The Wall Street Journal
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GMAC Looks to Become Commercial Bank, Gain TARP Access
Oct 29, 2008The mad rush for federal handouts is officially on, and the latest twist involves mega-lender GMAC LLC, co-owned by General Motors Corp. [stock GM][/stock] and Cerberus Capital Management LP — media reports Wednesday morning suggested the financial giant is mulling a commercial bank charter in order to access some of the $700 billion funds approved by Congress under the Treasury’s Troubled Asset Resolution Program, or TARP.
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Goldman Looks to Cut 10 Percent of Workforce: Report
Oct 23, 2008 -
AIG: More Money, Please
Oct 09, 2008 -
Upheaval Continues at Fannie Mae, Freddie Mac
Sep 29, 2008 -
WaMu to be purchased
Sep 25, 2008 -
WaMu Shares Jump on Purchase Rumor; Buzz Short-Lived
Sep 25, 2008 -
Clinton: Resurrect the HOLC, and Buy Up Bad Mortgages
Sep 25, 2008 -
Bush Presses for Bailout, Warns of “Long and Painful Recession”
Sep 24, 2008 -
All Business at BofA: Countrywide Insider Gissinger Out
Sep 24, 2008 -
FBI Probes Mortgage Cos. in Financial Meltdown
Sep 24, 2008
