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<h1><st1:country-region w:st="on"><st1:place w:st="on"><b><font size=6
face="Times New Roman"><span style='font-size:24.0pt'>U.S.</span></font></b></st1:place></st1:country-region>
throws GMAC $6 billion lifeline<o:p></o:p></h1>
<h2><b><font size=5 face="Times New Roman"><span style='font-size:18.0pt'>Treasury
injects $5B into finance firm key to General Motors' survival, while automaker
gets $1B loan to make its own investment in GMAC.<o:p></o:p></span></font></b></h2>
<p><st1:State w:st="on"><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'><!--startclickprintexclude-->NEW YORK</span></font></st1:State>
(CNNMoney.com) -- In yet another move to prop up the crumbling <st1:country-region
w:st="on"><st1:place w:st="on">U.S.</st1:place></st1:country-region> auto
industry, the government announced Monday night that it will pump $6 billion
into GMAC Financial Services, a financing company critical to the survival of
General Motors. The move deepens the federal government's bailout of the
troubled auto industry. Less than two weeks ago, President Bush announced a
$17.4 billion rescue package to prevent the collapses of General Motors and
Chrysler LLC. The GMAC investment commits Treasury to total bailout <i
style='mso-bidi-font-style:normal'><u><font color="#993300"><span
style='color:#993300;font-style:italic;mso-bidi-font-style:normal'>spending
above the $350 billion limit so far by Congress</span></font></u></i>.<o:p></o:p></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'><o:p> </o:p></span></font></p>
<p><b style='mso-bidi-font-weight:normal'><i style='mso-bidi-font-style:normal'><u><font
size=3 face="Times New Roman"><span style='font-size:12.0pt;font-weight:bold;
mso-bidi-font-weight:normal;font-style:italic;mso-bidi-font-style:normal'>Marc’
Notes:</span></font></u></i></b><br>
Just out, sorry it was not in the update just sent. I <span class=GramE>cant</span>
keep up with all the money flying everywhere these days.<o:p></o:p></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>Note the
last <font color="#993300"><span style='color:#993300'>RED </span></font>part.
Thought a limit meant you <span class=GramE>cant</span> go over it<span
style='mso-spacerun:yes'> </span>????????????????????????????<span
style='mso-spacerun:yes'> </span><o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>Guess NO doesn’t
really mean NO.<span style='mso-spacerun:yes'> </span>(Sounds like <st1:place
w:st="on"><st1:City w:st="on">Clinton</st1:City></st1:place> don’t it).<o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'><o:p> </o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>Have a
Happy New Year. Lord knows you’re <span class=SpellE>gonna</span> pay for
it.<o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'><o:p> </o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>MC<o:p></o:p></span></font></p>
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