. The New York Times reports that the “troubled finance company” known as GMAC is hitting-up Uncle Sam for more, as-yet-unspecified billions. The Gray Lady tells us it’s not a question of “if”—it’s a question of how GMAC and the Treasury can sleaze the deal, so that taxpayers don’t end-up owning the company. ‘Cause that would
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Bailout Watch 560: Feds Set to Bailout, Nationalize GMAC