GMAC posts $2.48 billion loss on big write-downs (Reuters via Yahoo! News)
Thursday, July 31st, 2008 GMAC posts $2.48 billion loss on big write-downs (Reuters via Yahoo! News) Finance company GMAC LLC posted a $2.48 billion second-quarter loss on Thursday, as rising gas prices forced it to write down sport-utility vehicle leases, while losses in its mortgage lending unit soared.
Essex Announces Second Quarter 2008 Earnings Results - MarketWatchEssex Announces […]