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Government to get five million preferred GMAC shares (ABC 15 Phoenix)
DETROIT (AP) - The federal government will get 5 million preferred shares of GMAC LLC in exchange for its $5 billion capital injection to save the lender from bankruptcy protection.

Government Gets GMAC Stock (FOX 17 Grand Rapids)
DETROIT (AP) - The federal government will get 5 million preferred shares of GMAC LLC in exchange for its $5 billion capital injection to save the lender from bankruptcy protection. GMAC disclosed the terms of the deal in a filing with the Securities and Exchange Commission on Friday. GMAC is the financial arm of General Motors Corp. and is responsible for making car loans and financing ...

Government to Get 5 Million Preferred GMAC Shares (FOX 2 News Detroit)
The federal government will get 5 million preferred shares of GMAC LLC in exchange for its $5 billion capital injection to save the lender from bankruptcy protection. GMAC disclosed the terms of the deal in a filing with the Securities and Exchange Commission on Friday.

When offered a buyout, how do you decide? (The Standard-Times)
NEW YORK — It's an astounding number. Companies have cut a total of 1.9 million jobs this year, a number some economists say could climb to 3 million before the recession is over.

Government To Get 5M Preferred GMAC Shares (WESH 2 Orlando)
The federal government will get 5 million preferred shares of GMAC LLC in exchange for its $5 billion capital injection.

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