Cerberus Capital Management
Latest Posts
As ResCap’s Woes Continue, GMAC and Cerberus Provide $2 Billion Rescue
Jun 04, 2008Troubled Residential Capital LLC, the mortgage lending unit of GMAC LLC, said in a regulatory filing with the Securities and Exchange Commission Tuesday that it needs roughly $2 billion in cash before the end of June to stay in business — a number more than three times the company’s earlier estimates. Previously, the company had said it needed roughly $600 million to satisfy its short-term liquidity needs.
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Ranieri Pursuing $1 Billion Distressed Mortgage Fund
May 23, 2008 -
Bloomberg: ResCap Parent May Face ‘Substantial Difficulty’
Feb 14, 2008 -
Report: ResCap Woes Straining Cerberus, GMAC
Nov 15, 2007 -
H&R Block Taps $250 Million of Available Credit, Citing Problems in Commercial Paper
Sep 25, 2007 -
Option One Drags Down H&R Block; Sale to Cerberus in Doubt; CEO Points to Great Depression
Aug 30, 2007 -
Former Aegis Employees Without Health Insurance
Aug 17, 2007 -
Private Equity, Public Exit: Aegis Mortgage Files for Bankruptcy
Aug 13, 2007 -
H&R Block Warns Option One Sale Might See Delay; Another Round of Job Cuts
Aug 09, 2007 -
Option One Sees Lehman Credit Line Expire; ‘Dangerous’ Time for Cerberus Deal?
Jul 09, 2007 -
Green Tree Servicing to Be Acquired; Cerberus and Fortress Involved
Jun 28, 2007
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