Before General Motors sold its controlling stake of GMAC (now Ally Financial) to Cerberus, the company’s captive finance arm was among its largest profit centers. But as the company’s debt piled up, it sold off the lion’s share of GMAC to keep collectors at bay. But almost as fast as that happened, the auto industry and the global economy took a dive, and GMAC began to reject most every loan The General threw its way. @funkmasterflex