PDA

View Full Version : Fed grants GMAC bank holding status (GM financial arm)



odinmage1984
24th December 2008, 18:00
Guess they are still set on the 34 billion, take your 14 billion in tax money and stick it America, Fed is the new sugar daddy.

Maybe in the end, the Fed will need a bailout, stock buy-in by the US Gov't and that's how they'll nationalize everything.


http://news.yahoo.com/s/ap/20081224/ap_on_bi_ge/fed_gmac