GMAC CEO Alvaro de Molina Steps Down
NEW YORK — GMAC Financial Services says Alvaro de Molina has stepped down as CEO, a surprise departure that comes as the troubled auto lender re...
NEW YORK — GMAC Financial Services says Alvaro de Molina has stepped down as CEO, a surprise departure that comes as the troubled auto lender re...
Wall Street Journal | DAN FITZPATRICK and DAMIAN PALETTA | Posted 05.25.2011
The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has re...
Huffington Post | Ryan McCarthy | Posted 05.25.2011
Apparently, no one wants to be CEO of the nation's largest bank. The protracted search for a new Bank of America CEO may last until 2010, reports Bloo...
The Huffington Post | Ryan McCarthy | Posted 05.25.2011
UPDATED -- A spokesperson for GMAC responded to this story and said that the increase in Al de Molina's compensation in 2008 was a result of to him be...
AP | DAN STRUMPF | Posted 05.25.2011