Report: Capmark Financial close to filing for bankruptcy

10/13/2009 | NYTimes.com

The commercial real estate company created in the 2006 leveraged buyout of some assets of GMAC, Capmark Financial Group, is expected to file for bankruptcy protection by the end of this month, if not sooner, Reuters reported. Negotiations are underway among Capmark, bondholders, lenders and the Federal Deposit Insurance Corp., the source said.

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