2008-09-09 — ml-implode.com
...GMAC may file for Bankruptcy as early as Wednesday, September 10, 2008. We believe they are scrambling to move/sell assets prior to this tentative filing date, and we're attempting to find other sources to confirm the information received.
GMAC's Gina Proia in Media Relations got back to us and suggests "There is no basis for this type of speculation."
Described on their web site as...
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Digger at 15:51 2008-09-09 said:
Oh great, NOW its personal!! Can't wait to see who gets my money now. With all the banks and mortgagers going bankrupt, due to fraudulent and criminal practices designed to line their pockets and screw the consumer, i have to ask WHAT ABOUT ME?????? I am paid a year ahead on my mortgage, and three mmonths ahead on all of my other bills, but now i will be forced to pay higher taxes to pay for the debts of a lot of people who got into houses they could never afford - nd the government seems hell bent on designing new programs to let them stay in their mcmansions like offering to rrefinance them and force the banks to take 10% off of the price of the loan. I'd love to have someone reduce my mortgage by 10%!!! Here's a thought, maybe someone could paass a law that says for everyone one of us in good standing, the mortgager has to automatically cut 1% off the cost of all loans, without refinancing, just drop mine from 5.5 to 4.5 and i'd save hundreds a month Permalinkadd a comment | go to forum thread
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