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U.S. Treasury Appoints Two Directors to Ally Financial Board

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The U.S. Treasury Department yesterday named two directors to the board of Ally Financial Inc., the auto lender which is still 74-percent owned by the U.S. government after a series of bailouts during the financial crisis, Reuters reported yesterday. The addition of Henry Miller and Gerald Greenwald gives the Treasury its full allotment of six directors on the now 11-member board. The appointments were approved yesterday at a meeting of Ally's common stockholders. Current board members were also re-elected.