Thursday, 17 May 2012 | Source: Reuters
(Reuters) - Billionaire investor Warren Buffett sought to buy Residential Capital (ResCap) from Ally Financial before the U.S. auto and mortgage lender put its home-lending unit into bankruptcy, Bloomberg said, citing three persons familiar with the matter.
Tuesday, 15 May 2012 | Source: Reuters
(Reuters) - Ally Financial is "absolutely not" looking to sell its core U.S. auto lending business as it seeks ways to pay back $12 billion it owes to U.S. taxpayers after a government-funded bailout during the financial crisis, the company's CEO said Tuesday.
Tuesday, 15 May 2012 | Source: Reuters
(Reuters) - Ally Financial is "absolutely not" looking to sell its core U.S. auto lending business following a bankruptcy filing by its mortgage unit and a plan to sell its international operations, Chief Executive Michael Carpenter said on Tuesday.
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