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Reuters: GMAC To Get $3.5 Billion More In Government Aid

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Tags: Bailout, GMAC, Treasury, United States Treasury

Although it hasn't been officially announced as of yet, GMAC is reportedly getting at least $3.5 billion from the Treasury to help the lender to deal with mortgage losses.  The organization has already received $12.5 billion in government aid since December 2008.

Read the whole article here.

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