Showing posts with label GMAC bankruptcy Ally Financial. Show all posts
Showing posts with label GMAC bankruptcy Ally Financial. Show all posts

Thursday, October 3, 2013

GMAC

Residential Capital LLC, the mortgage lender controlled by government-owned finance company Ally Financial Inc., wants to pay a $2 million bonus to its chief restructuring officer for shepherding the company through bankruptcy.  These are the people who took over GMAC Mortgage.  Oh yeah they are in Ch 11 bankruptcy in case you missed it.