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Stock Market and GMAC
Posted: February 20, 2008 at 12:58 pm by Lisa
The market is trading in a fairly tight range this morning. Honestly, no telling what the afternoon will bring. GMAC is planning to shut most of it’s American and Canadian lending offices, leaving open 4 US and 1 Canadian offices. The Ohio Attorney General, on behalf of state funds, is looking at possible action against Fannie Mae (FNM) over auction-rate securities and a potential lawsuit over disclosure of subprime holdings.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-jpy-small.gif)
![[US Dollar Index]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
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