Stress Test Requires GMAC to Raise $11.5 Billion to Improve Sustainability

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Stress Test Requires GMAC to Raise $11.5 Billion to Improve Sustainability


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05-09-2009, 07:35 AM

sphinxyou

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Stress Test Requires GMAC to Raise $11.5 Billion to Improve Sustainability

hello there

I read this in the web and thought I might share to all. I hope you find it interesting...

Regulatory analysts who performed the stress test on GMAC are requiring the lender to raise an aditional $11.5 billion to improve its sustainabilty if the recession worsens.

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