ResCap Expected to Seek Bankruptcy Within Weeks - Wall Street Journa...

03/16/12

ResCap Expected to Seek Bankruptcy Within Weeks
Wall Street Journal
By MIKE SPECTOR And DAN FITZPATRICK Ally Financial Inc.'s mortgage-lending unit, Residential Capital LLC, is expected to seek bankruptcy protection in the next several weeks on the way to a possible sale, people familiar with the situation said.
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