GMAC chairman resigns, new board to be named GMAC to replace board by March; Dan Strumpf, AP Auto Writer Friday January 9, 2009, 6:37 pm EST NEW YORK (AP) -- GMAC Financial Services LLC, the

GMAC’s Future as Bank May Not Include Ezra Merkin as Chairman By Ari Levy Jan. 7 (Bloomberg) -- J. Ezra Merkin, whose hedge funds lost billions of dollars on investments with Bernard Madoff,

Where Ezra Merkin Lost His Way By JASON ZWEIG Last fall, the celebrated money manager J. Ezra Merkin told a room full of value investors that he was "in the business of buying broken promises." No