Archive for Tuesday, December 06, 2005
GMAC Agrees to Sell Loans to Scotia Capital
General Motors Corp.’s GMAC financial services unit has agreed to sell as much as $20 billion in U.S. auto loans to Scotia Capital, the corporate and investment banking arm of the Bank of Nova Scotia.
The agreement will allow GMAC to redeploy its assets into its more lucrative mortgage and insurance businesses.
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- Proposition 8 protests
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- Sarah Palin returns to a chillier Alaska
- Obama's foreign policy picks
- Tardy Medicare reimbursements are hurting doctors in California, Nevada and Hawaii
- Gays, blacks divided on Proposition 8
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- Kobe Bryant pushes his teammates
- Mixed feelings over a halted gesture
- Gays, blacks divided on Proposition 8
- Former Lakers have mixed early results
- Judge bars executive from working at Apple
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- 2 alleged U.S. spies found dead in northwest Pakistan
- Airstrike kills 13 in Pakistan
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