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Web Insure Policy
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- GMAC mortgage lender teeters toward bankruptcy (International Herald Tribune)
www.iht.com The possibility of the failure of Residential Capital rose after GMAC, its parent, said that "substantial doubt exists regarding ResCap's ability to continue as a going concern" without more support from GMAC.
- AutoNation swings to $1.41 billion 3Q loss - Seattle Times
seattletimes.nwsource.com AutoNation Inc. said Thursday it swung to a $1.41 billion loss in the third quarter, with customers finding it increasingly difficult to get a car loan and the overall economy heading south. Fort Lauderdale, Fla.-based AutoNation, the nation's ...
- G20 economic summit: What the key players want - Daily Telegraph
www.telegraph.co.uk Problems: Home of the worst financial crisis in 80 years, triggered by the subprime lending debacle. America's stock market has plunged from more than 11,000 to under 9,000; major investment bank have failed or beenf forced into precautionary mergers ...
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