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Coincidental with the cliff-hanging negotiations in Washington, which ended on October 17 with the Obama administration defeating the House of Representatives in their standoff on funding the federal government and raising its borrowing limit, was another deal-making that settled the legal and regulatory woes of the United States’ biggest bank.

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ALLY BANK

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Coincidental with the cliff-hanging negotiations in Washington, which ended on October 17 with the Obama administration defeating the House of Representatives in their standoff on funding the federal government and raising its borrowing limit, was another deal-making that settled the legal and regulatory woes of the United States’ biggest bank.

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abtest

Erring big US banks settle cases through fines

By AT GROUND LEVEL | By Satur C. Ocampo | October 26, 2013 - 12:00am

Coincidental with the cliff-hanging negotiations in Washington, which ended on October 17 with the Obama administration defeating the House of Representatives in their standoff on funding the federal government and...

Opinion

GMAC receives $7.5 billion in new Treasury aid

May 22, 2009 - 1:19pm

WASHINGTON (AP) – Auto lender GMAC Financial Services will receive $7.5 billion in additional government aid to keep loans flowing to would-be buyers of GM and Chrysler vehicles and shore up its capital position...