Tip'd

A community for financial news, ideas, and tips

Welcome to Tip’d, a social media site for finance, investing, and business topics. Want to participate? » Join Tip’d now! or read our FAQ.

GMAC Posts Loss, Says ResCap Mortgage Unit May Fail

GMAC LLC, the financing arm of General Motors Corp. gripped by a cash squeeze, posted its fifth straight loss and said its mortgage unit may not survive.
addto Save & Share   Topple Spam? Topple this!

Comments Who Tip'd