Ally (formerly known as GMAC) currently has the makings of a startup company staffed by active entrepreneur-executives in Charlotte with significant Bank of America experience. Brand new bank of the future with no branches, new credit card, new mortgage and acquired brokerage/wealth management businesses. Deposits in rapidly growing branchless bank will be replacing expensive unsecured long-term debt over next several years. This company knows ins and outs of auto loan business and very effective at managing risk in that arena. ALLY is also buying back 7-8% of its shares annually. IMO, no brainer long-term investment at these valuations...