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  1. GMAC Financial Services, a U.S. lender, said Wednesday that it planned to eliminate about 5,000 jobs at its Residential Capital mortgage unit and close all 200 GMAC Mortgage retail offices to combat weak housing and credit markets in the United ...
    www.iht.com
  2. DRAM suppliers face tougher challenges in servicing debts and financing capital expenditure as banks become more cash-strapped under the global credit crunch, research firm iSuppli said.
    www.pcmag.com
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