Ally Posts 4Q Profit; Revenue Up, Loss Reserves Fall | Press ...
The move, which makes Ally's capital structure more conducive to an IPO, boosted Treasury's equity stake to 74% from 56%. Ally's auto loans to U.S. consumers totaled $9.3 billion in the fourth quarter, up from $5.9 billion a year ago and ... The Paulson-led investment group, known as CNL-AB LLC, seized those five properties, and three other resorts that aren't part of the bankruptcy, on Friday from a Morgan Stanley (MS) real-estate fund through a foreclosure proceeding. ...
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