NEW YORK (Reuters) – The federal bailout of auto lender GMAC LLC puts a floor under the potential losses for its owner Cerberus Capital Management and could provide a roadmap for the private equity ...

BOSTON — GMAC LLC and a bank lobby group are butting heads over the high interest rates GMAC's bank unit is paying for deposits, with bankers saying GMAC is unfairly subsidized by federal funds. In ...

WASHINGTON, D.C. — As GMAC's chief executive officer and chief financial officer get ready to testify before a Congressional Oversight Panel today, the executives said in prepared remarks that if GMAC ...

CHARLOTTE, N.C. -- The banking arm of ailing auto finance company GMAC is taking on a new name, hoping to smooth its image and entice new customers as it works to drive deposit growth. As of today, ...