Debt Management Help - GMAC may become bank, eyes massive debt overhaul - Reuters
GMAC may become bank, eyes massive debt overhaul - Reuters
NEW YORK (Reuters) - GMAC LLC, the money-losing auto finance and mortgage provider, on Thursday confirmed it was seeking to become a bank holding company, and said it plans to overhaul and slash its debt load, barely four months after completing a
U.K. May Not Be Able to Sell More Gilts, Osborne Says (Update1) - Bloomberg
Oct. 31 (Bloomberg) — International investors may shun U.K. government bonds in future years as they lose confidence in Prime Minister Gordon Brown ’s management of the economy, the opposition Conservative Party said. George Osborne , who shadows
Auto loan arms seek bank status - Detroit News
WASHINGTON — Ford Motor Credit Co. and Chrysler Financial are lobbying Congress and federal banking regulators to become industrial loan corporations, which would allow them to accept deposits. That represents a cheaper source of capital than other
Private equity firms left with debt hangover - The Australian
Now, the private equity firms that terrorised company boards last year, paying outrageously high prices for stakes in companies such as Nine Network, Seven Network, Myer and Rebel Sports, are the victims of their debt binges as they struggle to repay
Clearleap Secures $3.3M in Financing From Silicon Valley Bank - MSN MoneyCentral
Clearleap, a new video technology company, announced today that it has secured $3.3 million in venture debt financing from Silicon Valley Bank, a leading financial institution serving clients in the technology and life sciences industries. Clearleap