Berkshire Said To Win Rescap Loan Auction With $1.5 Billion Bid - Bl...

10/25/12


Bloomberg

Berkshire Said To Win Rescap Loan Auction With $1.5 Billion Bid
Bloomberg
Ally Financial Inc. (ALLY), a Detroit-based auto lender majority owned by U.S. taxpayers, allowed its New York-based ResCap unit to file for bankruptcy in May to distance itself from the mortgage lender's losses and help repay its 2008 bailout ...
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