Ally Financial
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Quotes
These transactions were done to extract Ally Bank from [ResCap] as part of a self-preservation plan that Ally Financial adopted in response to the RMBS (residential mortgage-backed securities) crisis it created
Ally Financial continues to disagree with the Federal Reserve's analysis of Ally's capital adequacy in a stressed scenario ... Ally seeks additional transparency into the Federal Reserve's assumptions and modeled results.More quotes »
Around the web
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ResCap wins court approval to pay Detroit-based Ally $1.1 billion
Residential Capital LLC won court permission to repay more than $1.9 billion in debt immediately, including $1.1 billion to parent Ally Financial Inc. that the defunct mortgage company borrowed before filing for bankruptcy. ResCap will make the payments from Crain's Detroit Business Read more »
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4 Banks For The Long-Term
Bill is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. In February, the nation's five largest mortgage banks, Bank of America, Ally Financial (NASDAQOTH: ALFI), JPMorgan Chas from Motley Fool Read more »
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GM Ups Incentives on Chevy Volt: The Car Nobody Wants
The Chevy Volt, a product rushed to the marketplace because G.M.'s owners in the Obama administration wanted it out is a bust...its sales are awful. The numbers are in, and GM can proudly say that they are the market leader in an insignificant field with from Yid With Lid Read more »
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Fitch removes Ally Financial from negative watch
NEW YORK — Fitch Rating is no longer considering lowering its credit rating for Ally Financial after the company agreed to pay $2.1 billion as part of a settlement plan to resolve potential financial claims stemming from its mortgage division, Residentia from Detroit Free Press Read more »
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Fitch Removes Ally Financial from Rating Watch Negative; Affirms IDR at 'BB-'; Outlook Stable
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has removed the Rating Watch Negative and affirmed Ally Financial Inc.'s (Ally) Long-term Issuer Default Rating (IDR) and senior unsecured debt rating at 'BB-'. The Rating Outlook is Stable. A detailed list of ra from Street Insider Read more »