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Reply #59: GMAC Finance thinks the public doesn't like them so they are changing their name [View All]

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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-15-09 03:27 PM
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59. GMAC Finance thinks the public doesn't like them so they are changing their name

They believe they are allies of the American public so are changing their name from GMAC Bank to our new friend and ally, Ally Bank.

http://online.wsj.com/article/SB124234797467422011.html

The company's executives hope that the rebranding of GMAC Bank will spur retail deposit growth, a key funding source for GMAC.
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