The Truth About Cars » ResCap http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 11 Feb 2016 18:00:49 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » ResCap http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Ally Financial Explores Options For Treasury Exit, Seeks Immunity From ResCap Related Lawsuit http://www.thetruthaboutcars.com/2013/07/ally-financial-explores-options-for-treasury-exit-seeks-immunity-from-rescap-related-lawsuit/ http://www.thetruthaboutcars.com/2013/07/ally-financial-explores-options-for-treasury-exit-seeks-immunity-from-rescap-related-lawsuit/#comments Thu, 18 Jul 2013 13:00:00 +0000 http://www.thetruthaboutcars.com/?p=495655 Ally Financial, what used to be known as the General Motors Acceptance Corporation, GMAC, before GM’s bankruptcy and bailout, itself received over $17 billion from the U.S. Treasury during the bailouts of 2009. On Tuesday the company said that it was looking into options on how to repay that money and comply with the Federal […]

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Ally Financial, what used to be known as the General Motors Acceptance Corporation, GMAC, before GM’s bankruptcy and bailout, itself received over $17 billion from the U.S. Treasury during the bailouts of 2009. On Tuesday the company said that it was looking into options on how to repay that money and comply with the Federal […]

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Guess Who Owned Ally Financial’s ResCap? You Did http://www.thetruthaboutcars.com/2012/05/guess-who-owned-ally-financials-rescap-you-did/ http://www.thetruthaboutcars.com/2012/05/guess-who-owned-ally-financials-rescap-you-did/#comments Mon, 14 May 2012 21:04:43 +0000 http://www.thetruthaboutcars.com/?p=444460 Minutes after Ally Financial, the bs-artist formerly known as GMAC, took its Residential Capital bankrupt, David Shepardson tweeted to his followers that all is fine: “GM owns 9.9% of Ally Financial Inc, while @USTreasuryDept owns 74 percent” Isn’t that reassuring? TTAC readers are not surprised by Ally’s ResCap going under. A bankruptcy by May 14 […]

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Minutes after Ally Financial, the bs-artist formerly known as GMAC, took its Residential Capital bankrupt, David Shepardson tweeted to his followers that all is fine: “GM owns 9.9% of Ally Financial Inc, while @USTreasuryDept owns 74 percent” Isn’t that reassuring? TTAC readers are not surprised by Ally’s ResCap going under. A bankruptcy by May 14 […]

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