Al Franken calls for **criminal** investigation of Ally ( aka GMAC)

[dixiegrrrrl]

and cc's it to Elizabeth Warren!!!

http://www.scribd.com/doc/38493628/Ally-Financial-Letter-09292010

[Uncle Joe]

1. Kicked and recommended.

Thanks for the thread, dixiegrrrl.

[MineralMan]

2. You go, Al! You're the Senator I'm the proudest of helping to elect.

[Oceansaway]

3. wtg !..."it's just the right thing to do"...hehe...nt

[Renew Deal]

4. Anybody remember this DU post about suspected fraud

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9206633

[dixiegrrrrl]

5. Franken's issue to related to this:

Cal. orders Ally (formerly GMAC )Mortgage to halt all foreclosures!!!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x82382

[PoliticAverse]

6. Over 56% of Ally is owned by the US Treasury

http://www.ally.com/help/investor-relations.html

"In May 2009, GM and FIM Holdings (Cerberus) each significantly reduced their ownership in GMAC (now called Ally Financial), which was required in connection with GMAC’s conversion to a bank holding company in December 2008. As of December 31, 2009, the ownership of Ally common equity was as follows: GM 6.7%; GM Independent Trust 9.9%; US Treasury 56.3%; Cerberus 14.9%; and Cerberus Co-Investors 12.2%."

[underpants]

7. GMAC's CEO was so bad with money that he lost tons of it to Madoff

typical