The Big One GMAC Gone
Thread Starter
Banned
Joined: May 2005
Posts: 423
The Big One GMAC Gone
According to a reliable source, the spinoff of GMAC has begun! This is not official, or confirmed, but I have learned that high level GMAC execs have completed transfer agreement of pensions and benefits to the "new owner". This will make a fine addition to my nearly completed new book "Self-Destruction at General Motors". MR. Wagoner has to go, NOW! Soon you will also see Buickman on TV, revealing much more than you could even imagine. If they think Wilmington was my grandstand, they are grossly in error.
Registered User
Joined: Sep 2004
Posts: 374
Re: The Big One GMAC Gone
Originally Posted by Buickman
Soon you will also see Buickman on TV, revealing much more than you could even imagine. If they think Wilmington was my grandstand, they are grossly in error.
what? dateline, 60 minutes? what show and when?
Registered User
Joined: Mar 2001
Posts: 13,713
From: The Golden State
Re: The Big One GMAC Gone
Originally Posted by Buickman
According to a reliable source, the spinoff of GMAC has begun! This is not official, or confirmed, but I have learned that high level GMAC execs have completed transfer agreement of pensions and benefits to the "new owner". This will make a fine addition to my nearly completed new book "Self-Destruction at General Motors". MR. Wagoner has to go, NOW! Soon you will also see Buickman on TV, revealing much more than you could even imagine. If they think Wilmington was my grandstand, they are grossly in error.
Thread Starter
Banned
Joined: May 2005
Posts: 423
Re: The Big One GMAC Gone
Adventures of Buickman
Faster than a speeding Corvette,
More powerful than a Red Tag Sale,
Able to leap GM management with a single plan
Look out on the lot,
It's a customer,
It's a mechanic,
It's Buickman!
Yes, it's Buickman, strange salesman from another state, who came to Flint with powers and abilities far beyond those of mortal GM executives. Buickman, who can change the course of market share, bend incentives with his basic strategy; and who, disguised as Jim Dollinger, successful salesman for a Mid-Michigan dealership, fights a never ending battle for sales, profits, and the American Way (jobs, pensions, and benefits).
Faster than a speeding Corvette,
More powerful than a Red Tag Sale,
Able to leap GM management with a single plan
Look out on the lot,
It's a customer,
It's a mechanic,
It's Buickman!
Yes, it's Buickman, strange salesman from another state, who came to Flint with powers and abilities far beyond those of mortal GM executives. Buickman, who can change the course of market share, bend incentives with his basic strategy; and who, disguised as Jim Dollinger, successful salesman for a Mid-Michigan dealership, fights a never ending battle for sales, profits, and the American Way (jobs, pensions, and benefits).
Disciple
Joined: Nov 2000
Posts: 1,479
Re: The Big One GMAC Gone
The WHOLE of GMAC or a part?
According to GM spokesman GMAC Commercial Mortgage Corp is for sale.
Residential Capital Corp is in the process of selling bonds to pay some debt to GMAC..
Reuters News
According to GM spokesman GMAC Commercial Mortgage Corp is for sale.
Residential Capital Corp is in the process of selling bonds to pay some debt to GMAC..
Reuters News
Registered User
Joined: Jul 2001
Posts: 1,808
From: FL/MI
Re: The Big One GMAC Gone
Originally Posted by Buickman
Adventures of Buickman
Faster than a speeding Corvette,
More powerful than a Red Tag Sale,
Able to leap GM management with a single plan
Look out on the lot,
It's a customer,
It's a mechanic,
It's Buickman!
Yes, it's Buickman, strange salesman from another state, who came to Flint with powers and abilities far beyond those of mortal GM executives. Buickman, who can change the course of market share, bend incentives with his basic strategy; and who, disguised as Jim Dollinger, successful salesman for a Mid-Michigan dealership, fights a never ending battle for sales, profits, and the American Way (jobs, pensions, and benefits).
Faster than a speeding Corvette,
More powerful than a Red Tag Sale,
Able to leap GM management with a single plan
Look out on the lot,
It's a customer,
It's a mechanic,
It's Buickman!
Yes, it's Buickman, strange salesman from another state, who came to Flint with powers and abilities far beyond those of mortal GM executives. Buickman, who can change the course of market share, bend incentives with his basic strategy; and who, disguised as Jim Dollinger, successful salesman for a Mid-Michigan dealership, fights a never ending battle for sales, profits, and the American Way (jobs, pensions, and benefits).
I notice that Wagoner is still in the Renaissance Center and you are still "here"...
Superhero... did the suacer men give you your hero suit?
Registered User
Joined: Nov 2000
Posts: 2,712
From: Ontario
Re: The Big One GMAC Gone
Originally Posted by Buickman
The whole enchilada.
As Possum said, it's the commerical mortgage unit that's been on the block and is most likely to find a new home.