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3 Feb 2011, 3:14 pm by By MICHAEL J. DE LA MERCED
Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley were selected to advise on a stock sale meant to sell off some of the Treasury Department's stake in the lender. [read post]
1 Mar 2011, 7:01 am by By BEN PROTESS
At least $1 billion worth of securities are expected to be sold in the offering, offsetting some of the $17.2 billion that the government injected into the lender. [read post]
28 Dec 2023, 10:31 am by jeffreynewmanadmin
The United States and its allies, including the European Union and Britain, imposed sanctions on Russia after the February 2022 invasion of Ukraine. [read post]
20 Jun 2008, 10:52 am
The government appointed two close allies of the governor of the Bank of England, Mervyn King, as chief economist and deputy governor [...] [read post]
27 Nov 2015, 12:55 pm by Solomon Wisenberg
If you want to know why companies settle with the government, even when they aren't guilty of anything, look no further than Ally Financial LLC's $98 million "no admit or deny" settlement with the Consumer Financial Protection Bureau (CFPB) over... [read post]
24 Mar 2011, 6:35 am
CanadaChambers Global 2011 lists top restructuring lawyers, Financial PostGM, Chrysler sue Allied for holding vehicles 'hostage', ReutersRussell Williams' wife told to reveal domestic contract, CBC NewsUnited StatesTop court considers right to lawyers in child support cases, The New York TimesArizona, Kansas, Idaho pass new abortion restrictions, ReutersInternationalEU court rules against Spain's attempt to block big retailers, ReutersAnti-protest law sparks dissent in Egypt, Ahram… [read post]
13 May 2018, 7:24 am by Parisa Zangeneh
The main questions are: who is profiting from this heinous move, financially and/or politically? [read post]
10 Oct 2010, 8:34 am by buslawblogger
The impetus for the interview: "This week, Ohio filed a lawsuit accusing the lender Ally Financial and its GMAC Mortgage division of fraud in approving scores of... [read post]
15 Jun 2012, 9:14 am by By MICHAEL J. DE LA MERCED
Residential Capital, the mortgage arm of Ally Financial, has rejected bids by Berkshire Hathaway to buy most of its assets out of bankruptcy, and will opt instead to follow its original sales plans. [read post]
26 Jul 2010, 3:21 pm by By DEALBOOK
An auction of Ally Financial's Residential Capital unit has advanced into the second round, with some would-be buyers circling the assets, but a sale of the mortgage lender still faces hurdles. [read post]
15 May 2012, 11:41 am by By STEPHEN J. LUBBEN
The Chapter 11 bankruptcy filing of Ally Financial's mortgage unit has the potential to remove the company's biggest obstacle to a turnaround, but this is a complex case with many moving parts. [read post]
8 Nov 2023, 7:04 am by Unknown
AFR also called on Congress not to pursue legislation that would emulate Trump-era DOL policies on ESG investing (The Biden Administration has already taken steps to roll back those policies).The several bills singled out by AFR were part of the Republican majority’s July 2023 “ESG Month” in which the House Financial Services Committee marked up numerous bills aimed at combatting “woke” corporate policies. [read post]
The F-35 purchase was a highly visible nuclear signal by Germany to Russia (and its NATO allies). [read post]
24 Mar 2011, 6:35 am
CanadaChambers Global 2011 lists top restructuring lawyers, Financial PostGM, Chrysler sue Allied for holding vehicles 'hostage', ReutersRussell Williams' wife told to reveal domestic contract, CBC NewsUnited StatesTop court considers right to lawyers in child support cases, The New York TimesArizona, Kansas, Idaho pass new abortion restrictions, ReutersInternationalEU court rules against Spain's attempt to block big retailers, ReutersAnti-protest law sparks… [read post]
12 Oct 2009, 7:43 am
 Maybe it will (continue to) work out for the best for the UAW and its labor allies, at the expense of the rest, but there are limits to even what the current administration can do for it. [read post]
28 Sep 2010, 9:17 am
The Washington Post reported on the 27th that the Attorneys general in Connecticut and California ordered Ally Financial's GMAC mortgage unit to freeze all foreclosures within their States. [read post]
24 Mar 2012, 10:00 pm by Nietzer
Victoria Jean Church-Dellinger filed a $5 million class-action suit in federal court against Ally Financial Inc. for keeping the half a tank’s worth of gas in her 2008 Pontiac G6 when it was repossessed. [read post]