GMAC's de Molina says lender's asset profile is secure

GMAC Financial Services is working with regulators to reach an agreement about the lender's level of capital reserves. GMAC CEO Al de Molina said the stress tests that banks underwent "clearly showed" that GMAC had a superb asset profile. De Molina said GMAC's auto lending "does not represent undue risk" and "in no way led to the credit crisis." "All we are trying to do is to make loans to small businesses and consumers in support of the auto industry," de Molina said.

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