GMAC has $7.46B Profit, Main Units Still in Red

February 2, 2009

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Finance company GMAC LLC, which won a government bailout in December, posted a $7.46 billion fourth-quarter profit on Tuesday as a gain from a debt swap offset billions of dollars of losses in its auto and mortgage units.

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read the full Reuters article.

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GMAC has $7.46B Profit, Main Units Still in Red

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