Ally Financial

Ally, Embarrassed At Failing Dodd-Frank Stress Test, Shoots the Messenger

The Dodd-Frank Wall Street Reform and Consumer Protection Act, passed by Congress and signed by President Obama into law in July 2010, contains a number of requirements on both...

GM May Return to Captive Finance

By Chris Haak Back in 2006 when GM sold a 51 percent controlling stake in GMAC to a consortium led by Cerberus Capital Management, many saw it as a sign that the company was...