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December 30, 2009

Treasury to dole out $3.8 billion to GMAC, raise stake

Filed under: Interesting,Medical,News — admin @ 11:06 pm

WASHINGTON (Reuters) – The U.S. is injecting another .8 billion into GMAC Financial Services to help cover mortgage losses, in a bailout that makes the government the majority owner of the auto and home finance company.

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