GMAC has $2.52 billion loss; ResCap survival at risk (Reuters)

 GMAC has $2.52 billion loss; ResCap survival at risk 
    (Reuters)Reuters - Finance company GMAC LLC lost $2.52 billion in the third quarter, hurt by the housing slump and vehicle lease writedowns, and said its mortgage unit, one of the nation's largest home loan providers, may not survive.

Original post by Reuters and software by Elliott Back

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