GMAC announces $7.46B profit The finance company, which was granted $6B in government bailout money, announces fourth-quarter profit on a one-time gain from a debt swap. NEW YORK (Reuters) -- Finance company GMAC LLC, which in December won a $6 billion government bailout, posted a $7.46 billion fourth-quarter profit on Tuesday because of a one-time gain from a debt swap, although its main operating units lost money amid slumps in the housing and auto markets. |