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Further news...
- www.ft.com
The unwinding of the investment vehicles that drove the credit boom is roiling the once-staid corporate leveraged loan market, and the pain may not be over yet.
- www.bloomberg.com
Nov. 5 (Bloomberg) -- GMAC LLC , the financing arm of General Motors Corp. gripped by a cash squeeze, posted its fifth straight quarterly loss as borrowers fell behind on their auto and loans and the company said its housing unit may not survive.
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