Unassociated Document
 
 



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


January 8, 2009
(Date of report; date of
earliest event reported)

Commission file number: 1-3754

GMAC LLC
(Exact name of registrant as specified in its charter)
 
 
Delaware 
38-0572512
(State or other jurisdiction of incorporation or organization) 
(I.R.S. Employer Identification No.)
 
200 Renaissance Center
P.O. Box 200  Detroit, Michigan
48265-2000
(Address of principal executive offices)
(Zip Code)

(313) 556-5000
(Registrant's telephone number, including area code)


 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 


Item 7.01
Regulation FD Disclosure.

In response to various questions that have come to GMAC LLC's (“GMAC”) attention, GMAC reiterates that Residential Capital, LLC (“ResCap”) is an important subsidiary of GMAC, and we have made significant progress in reshaping ResCap to better align it with current market conditions.  GMAC believes that the support it has provided to ResCap to date was in the best interests of GMAC stakeholders.  If ResCap were to need additional support, GMAC would provide that support so long as it was in the best interests of GMAC stakeholders. While there can be no assurances, GMAC's recently approved status as a regulated bank holding company has increased the importance of its support for ResCap.
 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
GMAC LLC
(Registrant)
   
 
Dated: January 8, 2009
/S/ DAVID J. DEBRUNNER            
David J. DeBrunner
Vice President, Chief Accounting Officer and
Controller