from WSJ:
A Wall Street Journal report that GMAC Financial Services and the Treasury Department were in advanced talks to prop up the lender with its third helping of taxpayer money was adding to the cautious tone, serving as a reminder of how some battered financial firms remain dependent on government lifelines. Dow Jones Industrial Average futures recently rose three points in screen trade.
Wednesday, October 28, 2009
Lending Still Losing
Labels:
banking crisis,
credit crisis