General Motors Bankruptcy 2009

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  • US-owned Ally's Mortgage Unit Files Bankruptcy

    yahoo.com 2 weeks, 1 day ago

    Troubled US Treasury-owned lender Ally Financial said Monday its was placing its mortgage unit into bankruptcy protection as the government seeks to reduce loss risks from a major $17 billion crisis-era bailout.

  • Ford Credit Rating Upgrade Wins Back Iconic Oval Logo Pledged Away

    latimes.com 1 week ago

    Moody's Investors Service raised the credit rating for Ford Motor Co. to an investment grade Tuesday, giving its seal of approval to a corporate turnaround of the business that started with heavy borrowing at the end of 2006.

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