RPT-U.S. Treasury talks to GMAC about more cash
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WASHINGTON Oct 27 (Reuters) - The U.S. Treasury Department is in talks with GMAC Financial Services Inc about a possible additional cash infusion to the company, an Obama administration official confirmed on Tuesday night.
The official declined to say how much additional money was under discussion for GMAC, which already has received $12.5 billion of taxpayer funds.
GMAC is the traditional lender to General Motors Co [GM.UL] and is taking over the auto loan business of Chrysler. (Reporting by Glenn Somerville; Editing by Eric Walsh and Carol Bishopric)