General information pages on www.les-kaias.com

US Treasury injects $3.8 billion into ailing GMAC

FRANCE - latest news report on France, French politics, French society, culture and economy

2009-12-30 9:45pm

The US Treasury announced Tuesday a 3.8 billion dollar fresh capital injection into ailing GMAC, the former finance arm of General Motors that became a bank to access federal rescue aid.