Bank moves to seize Saabs at port

By Stephen Nellis  /  Friday, January 13th, 2012  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Bank moves to seize Saabs at port

A bank backed by Uncle Sam is suing to seize a stash of Saab vehicles at the Port of Hueneme as the iconic Swedish car brand heads for the sunset. Ally Financial, a bank three-quarters owned by the U.S. Treasury, wants court approval to take control of 151 vehicles being stored at the port by Read More →