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In May 2008, the company reported that it may run out of money. [8] In June 2008, the company completed a $60 billion refinancing. [9] On April 17, 2012, the company missed an interest payment. [10] On May 14, 2012, the company filed for a pre-packaged bankruptcy that included the separation of the company from its parent, Ally Financial. [11]
Ally Financial Inc. (known as GMAC until 2010) is an American bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease ...
John M. McNamara (born 1940) [1] [2] is an American former businessman who was convicted of a Ponzi scheme fraud through gaining loans to a value of $6 billion from General Motors financing arm GMAC, to develop a $400M car sales and property development business.
Pros of money market accounts. Money market accounts are interest-accumulating accounts you can open at a bank or a credit union.What differentiates these accounts from other savings accounts is ...
GMAC's other products include the Graduate Management Admission Search Service (GMASS), a searchable database of more than 350,000 GMAT Exam and mba.com registrants. [9] Admissions professionals can also use GMATCH, GMAC's two-day online global recruiting event. [10] In 2013, GMAC launched the Reflect Self-Assessment and Development Tool.
GMAC Bowl, a sponsored game of college level American football, now known as the LendingTree Bowl; Great Midwest Athletic Conference, a U.S. college athletic conference established in 2011 and starting competition in 2012; GMAC ebike motor, a modified MAC hub motor sold by Grin Technologies
iperf, Iperf, or iPerf, is a tool for network performance measurement and tuning. It is a cross-platform tool that can produce standardized performance measurements for any network. iperf has client and server functionality, and can create data streams to measure the throughput between the two ends in one or both directions. [2]
TAP, namely network TAP, simulates a link layer device and operates in layer 2 carrying Ethernet frames. TUN is used with routing. TAP can be used to create a user space network bridge. [2] Packets sent by an operating system via a TUN/TAP device are delivered to a user space program which attaches itself to the device. A user space program may ...