Tag Archives: taxpayer bailouts

Ally Financial Posts Net Income of $1.1 Billion in 2010

Ally Financial Inc. today reported net income of $79 million for the fourth quarter of 2010, compared to a net loss of $5.0 billion for the fourth quarter of 2009. For full-year 2010, Ally (formerly GMAC and now taxpayers own … Continue reading

Posted in auto news, economy, financial results, results | Tagged , , , , , , , , , , , , , , | Leave a comment