GMAC will receive fresh funds, Sen. Dodd says:

11/5/2009 | CNNMoney

Senate banking committee Chairman Christopher Dodd said Treasury officials informed him that GMAC Financial Services will receive a cash injection of as much as $5 billion. But this will be the last time GMAC will receive such funds, the officials told Dodd. GMAC has received $12.5 billion in government funding since December.

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