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 ...

(Reuters) – Auto and mortgage finance company GMAC LLC said about 58 percent of debt has been tendered and delivery time extended in response to investors’ requests, a few days after it sweetened the ...