Blown Mortgage - Latest Comments in GMAC posts $2.5 billion quarterly losshttp://blownmortgage.disqus.com/Mortgage and finance with a sarcastic bentenFri, 01 Aug 2008 12:06:00 -0000Re: GMAC posts $2.5 billion quarterly losshttp://blownmortgage.com/2008/07/31/gmac-posts-25-billion-quarterly-loss/#comment-1072311<p>General Motors still owns 49% of Res Cap. Given General Motors ongoing losses, it's hard to see how they can pony up their share of capital required to keep Res Cap afloat. It's hard to imagine Res Cap not imploding.</p>Fielding MellishFri, 01 Aug 2008 12:06:00 -0000