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ID: 28231
Title: GMAC to get $1 bln from GM, cites subprime pressure (Reuters)
Description: Reuters - General Motors Corp. will inject $1 billion into GMAC, its former finance arm said on Tuesday, a capital infusion needed to complete the sale of the automaker's majority stake in the face of escalating defaults in the U.S. mortgage market.
Category: Business/
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Date Added: March 13, 2007 10:46:48 PM
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