Warren buffett in talks for gmac's rescap: ny post
Warren buffett in talks for gmac's rescap: ny post"
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Warren Buffett is in talks to purchase GMAC's Residential Capital, according to a report in today's New York Post_._ But the story also quotes a source who's "considering
buying" ResCap as saying he would be "surprised" if Buffett bought the firm now because its debt is seen as overpriced. According to the _Post: _Buffett is "said"
to have "large debt positions" in ResCap, along with Appaloosa Management and Avenue Capital. A GMAC spokeswoman tells the _Post,_ "It's speculation and we don't
comment on speculation." ResCap's web sitecalls the company a "real estate finance company focused primarily in the residential real estate market." Its businesses
"cover the spectrum of the U.S. residential finance industry, from origination and servicing of mortgage loans through their securitization on the secondary market." Current
Berkshire stock prices: Class A: Class B: _For more Buffett Watch updates ._ _Email comments to [email protected]_
Trending News
Very young investors are up double-digit percentages on 10 stocksYoung investors are taking their share of lumps in the S&P 500. But they're still enjoying some stock winners, ...
Bigg boss 10: it's bani vs gaurav inside the house; housemates also target the two!Gaurav Chopra and VJ Bani Following Rahul’s unanticipated eviction, it seems that the dynamics inside the house have bee...
Martin lewis: taxpayers could claim back £1,150 but act nowHis words came just weeks before the 2019/2020 tax year ends, with the new tax year beginning on April 6, 2020. The Mone...
High blood pressure: Frozen pizza branded 'dangerous' for people with the conditionHigh blood pressure causes are linked to diet and lifestyle, with changing these being recognised good ways to reduce BP...
Kirk takes helm for csun's mission in division ii soccerStardate 11-20-87. This is another playoff voyage of the Starship _ Matador_ . Its yearly--though heretofore unsuccessfu...
Latests News
Warren buffett in talks for gmac's rescap: ny postWarren Buffett is in talks to purchase GMAC's Residential Capital, according to a report in today's New York P...
Call of duty black ops cold war update: season 1 patch, warzone newsUPDATE TWO: The new Call of Duty Black Ops Cold War update is out now on PS4, Xbox One, next-gen consoles and PC, weighi...
Bihar unlock 2. 0: cm nitish kumar announces more relaxations, night curfew timings changedSchools, Colleges, Coaching institutes, restaurants for dining, hotels, cinema halls, shopping malls, swimming pools, an...
Interest rates news, research and analysis - the conversationJune 1, 2025 James Graham, _University of Sydney_ Borrowing is getting cheaper. But for aspiring homeowners, research su...
Overwatch halloween event release date, new skins, torbjorn updateOverwatch game director Jeff Kaplan has revealed plans to bring back the Halloween Terror event for 2018. In a brand new...