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Ally isn’t out of the woods yet Add to ...

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Big banks such as Citigroup have repaid crisis-era aid to the U.S. government and the Treasury’s stake in AIG has fallen to a sixth, leaving Ally Financial, once called GMAC, in the dust. Ally is still three-quarters owned by Uncle Sam and has repaid just over a third of its $17-billion (U.S.) of support. Now the former finance arm of General Motors is on a course meant to accelerate repayment and prepare for a sale or listing.

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