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	<title>Allpar Chrysler, Dodge, and Jeep News &#187; Chrysler Financial</title>
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		<title>Cerberus to sell Chrysler Financial to Canadian firm</title>
		<link>http://www.allpar.com/news/index.php/2010/12/cerberus-to-sell-chrysler-financial-to-canadian-firm</link>
		<comments>http://www.allpar.com/news/index.php/2010/12/cerberus-to-sell-chrysler-financial-to-canadian-firm#comments</comments>
		<pubDate>Tue, 21 Dec 2010 13:32:38 +0000</pubDate>
		<dc:creator>Bill Cawthon</dc:creator>
				<category><![CDATA[Canada]]></category>
		<category><![CDATA[Cerberus and Daimler]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Chrysler Financial]]></category>
		<category><![CDATA[TD Bank Group]]></category>

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		<description><![CDATA[TD Bank Group of Toronto (formerly Toronto Dominion) will pay $6.3 billion to acquire Chrysler Financial from Cerberus Capital Management. The all-cash transaction includes assets of $5.9 billion and approximately $400 million in goodwill. TD does not intend to issue common equity in connection with this transaction. TD will gain all of Chrysler Financial&#8217;s processes [...]]]></description>
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		<title>Chrysler Financial up for grabs?</title>
		<link>http://www.allpar.com/news/index.php/2010/11/chrysler-financial-up-for-grabs</link>
		<comments>http://www.allpar.com/news/index.php/2010/11/chrysler-financial-up-for-grabs#comments</comments>
		<pubDate>Wed, 24 Nov 2010 21:07:45 +0000</pubDate>
		<dc:creator>David Zatz</dc:creator>
				<category><![CDATA[Auto industry]]></category>
		<category><![CDATA[Cerberus and Daimler]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Dealers]]></category>
		<category><![CDATA[Chrysler Financial]]></category>

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		<description><![CDATA[Automotive News reported that Cerberus is trying to sell Chrysler Financial, the former captive lender of the former Chrysler Corporation. The company is reported worth around $6-7 billion, after having repaid $1.5 billion in Treasury loans. In July, Chrysler Financial tried to go back to originating new loans on a large scale, according to the [...]]]></description>
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		<title>Government drops pay restraints on Chrysler Financial</title>
		<link>http://www.allpar.com/news/index.php/2010/07/government-drops-pay-restraints-on-chrysler-financial</link>
		<comments>http://www.allpar.com/news/index.php/2010/07/government-drops-pay-restraints-on-chrysler-financial#comments</comments>
		<pubDate>Thu, 22 Jul 2010 06:36:07 +0000</pubDate>
		<dc:creator>Bill Cawthon</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Cerberus and Daimler]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Chrysler Financial]]></category>

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		<description><![CDATA[Chrysler Financial&#8217;s executive compensation is no longer subject to review by Kenneth Feinberg, the Treasury&#8217;s pay czar for companies that sought refuge under the government&#8217;s Troubled Asset Relief Program. A May payment of $1.9 billion from Cerberus Capital Management allowed Chrysler Financial to eliminate the government&#8217;s debtor-in-possession loans, freeing it from government oversight. The payment [...]]]></description>
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		<title>Chrysler Financial may return to auto lending for dealers and consumers</title>
		<link>http://www.allpar.com/news/index.php/2010/07/chrysler-financial-may-return-to-auto-lending-for-dealers-and-consumers</link>
		<comments>http://www.allpar.com/news/index.php/2010/07/chrysler-financial-may-return-to-auto-lending-for-dealers-and-consumers#comments</comments>
		<pubDate>Wed, 21 Jul 2010 11:17:27 +0000</pubDate>
		<dc:creator>Bill Cawthon</dc:creator>
				<category><![CDATA[Cerberus and Daimler]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[auto financing]]></category>
		<category><![CDATA[Chrysler Financial]]></category>
		<category><![CDATA[dealers]]></category>

		<guid isPermaLink="false">http://www.allpar.com/news/?p=5319</guid>
		<description><![CDATA[Chrysler Financial, the former lending source for Chrysler, Dodge and Jeep dealers, is considering a return to its former business. It&#8217;s also considering a name change, much as GMAC has done in changing its name to Ally. According to Automotive News, the company wants to start making loans to consumers with near-prime credit and has [...]]]></description>
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		<title>Chrysler Financial, Old CarCo repay $1.9 Billion loan</title>
		<link>http://www.allpar.com/news/index.php/2010/05/chrysler-financial-old-carco-repay-1-9-billion-loan</link>
		<comments>http://www.allpar.com/news/index.php/2010/05/chrysler-financial-old-carco-repay-1-9-billion-loan#comments</comments>
		<pubDate>Mon, 17 May 2010 21:20:03 +0000</pubDate>
		<dc:creator>Bill Cawthon</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Chrysler Financial]]></category>
		<category><![CDATA[Government loans]]></category>
		<category><![CDATA[Treasury]]></category>

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		<description><![CDATA[The U.S. Department of the Treasury today announced that it has received a $1.9 billion repayment from Chrysler Holding (CGI Holding) in settlement of one of the loans that the Treasury Department extended to finance Chrysler LLC, the &#8220;Old Chrysler&#8221; automobile company. This repayment, while less than the $4 billion face value, is significantly more [...]]]></description>
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