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Stories tagged with GMAC

J. Ezra Merkin to give up control over hedge funds

By Carol Eisenberg   |   May 19, 2009 at 1:02pm   |   0 Comments

Financier and philanthropist J. Ezra Merkin assented Tuesday to step down as manager of his hedge funds and to place them into receivership.

Bailed-out banks are still big political donors

By Carol Eisenberg   |   March 6, 2009 at 12:16pm   |   1 Comments

Companies that have been awarded billions of dollars in taxpayers’ money continue to donate large sums to political campaigns.

Feds rescue GMAC despite Ezra Merkin’s leadership

By Carol Eisenberg   |   December 31, 2008 at 10:19am   |   0 Comments

After spending half a lifetime being eclipsed by his famous father, J. Ezra Merkin is getting his 15 minutes of fame.

Secretive Cerberus keeps a high profile on K Street

By Laurie Bennett   |   September 4, 2008 at 10:27am   |   0 Comments

Cerberus Capital Management, once touted for its daring investments in Chrysler and GMAC, is now struggling to avoid tremendous losses.

Cerberus: The public face of private investment

By Laurie Bennett   |   February 19, 2008 at 11:56am   |   0 Comments

Stephen Feinberg, the very private founder of Cerberus Capital Management, hates attention.

He even put it in writing.


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