Wilhelms Quits Post as Triad CFO
Michael L. Wilhelms resigned his post as senior vice president of finance and chief financial officer of Triad Financial Corp.,...
Hennessy to Take Over for Retiring Brookline Bank Auto Chief
After six years at the helm of Brookline Bank’s auto finance division, David J. Pallin will retire come Dec 31....
Analysis of 2007 Financing Portends Weak Totals for ‘08
DS08analysis Hede: Analysis of 2007 Financing Portends Weak Totals for ‘08 With similar sales and credit dynamics in 2006 and...
GM Bailout
GM and Ford are once again begging at the doorstep of every honest, tax-paying American. Just two months ago, Congress...
Will GMAC Be Next for Bank Holding Co. Nod?
The Federal Reserve Monday approved American Express Co.’s bid to become a bank holding company, a status that GMAC LLC...
GM’s S.O.S.
General Motors Corp. reported third-quarter earnings today: a whopping $4.2 billion, or $7.35 per share, excluding special items. But the...
The Auto Finance Floodgates Are Opening
The auto industry is taking on water fast. Here are some headlines from the past few days: • Ford announces...
Carfinco Buys Castel Dialer Solution
Castel Inc. had Carfinco Income Fund at hello. Well, almost. Carfinco Income Fund, Canada’s specialty auto finance fund, has purchased...
