WASHINGTON, Dec 31 (Reuters) – The U.S. Treasury Department
confirmed on Wednesday that it disbursed $6 billion in funds to
support automotive finance company GMAC LLC.
Monthly Archives: December 2008
Russia-Ukraine gas talks collapse
Russia says gas talks with Ukraine have failed and supplies will be cut within hours – amid fears exports to Europe could be hit.
More economic pain seen in 2009, but some hope too (Reuters)
Reuters – Many investors said good riddance on Wednesday to one of the worst years on record and prayed that government rescue plans will pull the global economy out of its fierce tailspin later in the new year.
More economic pain seen in 2009, but some hope too
SINGAPORE/NEW YORK (Reuters) – Many investors said good riddance on Wednesday to one of the worst years on record and prayed that government rescue plans will pull the global economy out of its fierce tailspin later in the new year.
UPDATE 3-GMAC eases debt burden with $21.2 billion swap
NEW YORK, Dec 31 (Reuters) – GMAC, the General Motors Corp
financing affiliate that received a $6 billion infusion
from the government, completed a multibillion dollar debt swap
on Wednesday designed to bolster its capital.
High drama in Illinois over Obama Senate seat
CHICAGO (Reuters) – Criticism rained down on embattled Illinois Gov. Rod Blagojevich on Wednesday for his defiance in appointing the state’s new U.S. Senator, but doubts persisted that anyone could block the move.
Madoff complying with assets disclosure deadline
NEW YORK (Reuters) – Accused swindler Bernard Madoff was complying with a court-ordered deadline to tell U.S. regulators how much money he has left, as lawmakers prepared to take their first close look at the alleged scheme that duped investors worldwide.
HudBay calls meeting to vote on board ouster
OTTAWA, Dec 31 (Reuters) – HudBay Minerals Inc
said on Wednesday it will hold a special meeting of
shareholders on March 31 to vote on a proposal to remove its
current board of directors and elect a new slate.