GMAC Gets Bank Holding Company Status, and Potential Access to TARPhttp://www.mortgagenewsdaily.com/12262008_gmac_bank_holding_company.aspAfter months of failed attempts, General Motors' financing arm, GMAC , was granted bank holding status from the Federal Reserve on Dec. 24 in a move that will allow the struggling firm to access funds from the Treasury's Troubled Asset ReliefenCommunityServer 2008 SP2 (Build: 31106.96)