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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
August 1, 2008
NEW YORK — GMAC Financial Services said Thursday it swung to a $2.48 billion second-quarter loss, pulled down by a steep drop in the values of used trucks and sport utility vehicles.
The loss, which exceeded GMAC’s losses for all of 2007, compared with a profit of $293....
