U.S. financiers will help General Motors six billion dollars.

The Ministry of Finance will help the U.S. financial services company General Motors Acceptance Corporation (GMAC), owned by General Motors avtogigantu Investment and Cerberus Capital Management, six billion dollars. That was reported by AFP.
Of the total mililardov five dollars will be spent on the redemption of preferred shares in the company. A further one billion dollars will be allocated most General Motors. These funds will help restructure GMAC into a bank holding company. This reorganization was approved by the U.S. Federal Reserve remains on 24 December.
Against the backdrop of the global financial crisis, which first hit the U.S. banks, and then, and many manufacturers, including carmakers, GMAC could be bankrupt. During the past six months, the company lost five billion dollars in investments in the automotive sector and real estate.
Funds allocated car as part of a plan TARP, better known as the "Paulson Plan." The program involves the provision from the budget of 700 billion dollars to rescue the American economy. Previously, it was reported that the U.S. government will help road concerns credits totaling 13.4 billion dollars. Without these funds, they could also be bankrupt.
GMAC specializes in automotive lending, insurance and mortgages. The company provides funding for 75 percent of car dealers for General Motors.