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Ally, formerly Bankrupt GMAC, Files With SEC for IPO
Ally’s is one of the leading suppliers in the U.S. of wholesale dealer loans, and is the leading retail provider of vehicle finance. Ally’s taxpayer-financed bailout remains a vital aspect to the thus far successful reorganizations of General Motors and Chrysler. U.S. (and Canadian taxpayers) have large interests in those recovering automakers, as well. Continue reading
Posted in auto news, economy, results
Tagged ally, ally ipo, auto bailouts, auto informed, auto news, autoinformed, autoinformed.com, automotive news, GM, gmac, Ken Zino, u.s. treasury, zino
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