• Got the Contributing Memberships stuff finally worked out and made up a thread as a sort of "How-To" to help people figure out how to participate. So if you need help figuring it out, here's the thread you need to take a look at -> http://www.corvetteflorida.com/forums/showthread.php?t=3581 Thank you, everyone! Rich Z.

GMAC unit buys time with $12.8B debt refinance plan

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Residential Capital LLC, the beleaguered mortgage finance unit of GMAC, on Friday said it intends to restructure more than $12.8 billion of debt in a move analysts say will relieve short-term bankruptcy risk of the company.

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