Ally Bank's Alchemy
Smartmoney.com
By now you've probably seen the folksy ads for Ally Bank, promising to challenge the supposedly nefarious bait-and-switch tactics of everyday bankers with ...
Asset-Backed Deals Pile Up Ahead Of TALF Deadline
Wall Street Journal
GMAC's Ally Bank has a $884.856 million prime auto loan-backed deal that is also eligible for TALF. Leads on the deal, dubbed Ally Auto Receivables Trust ...
GMAC Trades with Fear and Favor
Wall Street Journal
Subsidiary Ally Bank makes heavy use of high-rate CDs, which can be flighty. GMAC is issuing government-guaranteed debt. And 17% of its assets are financed ...
Mortgage Rates Are on the Rise, But What About CD Rates?
My Bank Tracker Bank News
It's interesting to note that Ally Bank, whose parent company GMAC Financial is reportedly in talks for another round of government aid, has made the most ...
GMAC Hit by Feinberg's Pay Cuts
Wall Street Journal
The Detroit-based auto financier for General Motors and Chrysler dealerships and the operator of the online Ally Bank initially proposed that it compensate ...
Overheard: GMAC's Curse
Wall Street Journal
Ally Bank (formerly GMAC Bank) has sucked in deposits with high interest rates, but is still trying to use government support to issue debt. ...
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