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GMAC seems to always be at the center of bankruptcy rumors.  So how on earth does it explain this (via NYT) ...

GMAC Chief Gets $1.2 Million in Pay for 45 Days’ Work

GMAC, the auto and home lender, has not reported a profit since 2008. But it gave its chief executive, Michael A. Carpenter, a pay package rivaling that of Lloyd C. Blankfein, chief of Goldman Sachs, the nation’s most profitable securities company.

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