Alvaro De Molina

Bank Of America CEO Search: Why No One Wants The Job

Huffington Post | Ryan McCarthy | Posted 11.23.2009 | Business


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...

GMAC CEO Alvaro de Molina Steps Down

AP | DAN STRUMPF | Posted 11.17.2009 | Business


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...

GMAC Asks For $2.8 Billion More In Taxpayer Money

Wall Street Journal | DAN FITZPATRICK and DAMIAN PALETTA | Posted 10.28.2009 | Business


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...

UPDATED: GMAC CEO's Private Jet Use

The Huffington Post | Ryan McCarthy | Posted 07.11.2009 | Business


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...