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Treasury, GMAC in talks for 3rd round of taxpayer aid
October 28, 2009 12:35 PM
The Treasury Department says "a viable GMAC is critical to the success of GM and Chrysler." It says that's why it's in talks with the former lending arm of General Motors about a third helping of taxpayer aid. GMAC provides wholesale financing to many GM and Chrysler dealerships to pay... more »
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