The former financing arm of General Motors will receive $7.5 billion, which would bring its total federal assistance to more than $12 billion.
Similar Stories to Treasury Said To Plan Second Bailout For Gmac on Bing News
By EDMUND L. ANDREWS, New York Times
Wed, 05/20/2009 - 10:03pm
RELATED ARTICLES
- Pope hints at possible changes to scandal-ridden Vatican bank
Pope Francis has indicated for the first time that he may make changes to the Vatican's scandal-ridden bank as part of a broad review of the Holy See's troubled administration. More - Banks Revive Risky Loans and Mortgages
Investments that were vulnerable in the last financial crisis and believed to be gone for good have largely escaped new rules that were made to prevent another crisis. More - DealBook: Rising Bank Profits Tempt a Push for Tougher Rules
Steady earnings growth on Wall Street could embolden the lawmakers and regulators who want to overhaul the banking system. More - Bank of America profits jump after cost cutting
Bank of America has reported a sharp rise in profits after it shed costs and set aside less money for bad loans. The bank reported first quarter net income of $2.3bn (£1.5bn), after making $328m in the same quarter a year ago. More - Court OKs Lehman settlements to free up $15 billion for customers
A judge on Tuesday approved a set of settlements among Lehman Brothers entities that will allow the company's defunct brokerage to pay back about $15 billion in customer claims. More
BING NEWS:
- World Bank makes 10-year plan with Pakistan for $20 billion in funding
Pakistan's prime minister on Wednesday welcomed a first-of-its-kind agreement with the World Bank for a plan to focus $20 billion in lending to the cash-strapped nation over the coming decade on ...
01/14/2025 - 5:35 pm | View Link - Trump’s Bailout Philosophy: Too Loyal to Fail
When capital is in trouble, governments have no difficulty finding billions and trillions of dollars at a moment’s notice to prop up faltering firms. Such bailout programs soon sink below the ...
01/5/2025 - 7:46 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more