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LOOK FOR
THE NEW
2002/2003
Meeting Your Needs
Today and Tomorrow...
AMERICA()
HOUSE
Peace (.f mind. Maintenance-free living. Remain as
independent as possible with these living options:
SENIOR LIVING RESIDENCES
Villa/Manor Living offers independent
apartment-style living, where each unit
includes a fully equipped kitchen and
living/dining room.
Starting at $995
N
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Complete Guide To Jewish Living In Metropolitan Detroit
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Rentals
Southfield
248-353-5835
27577 Lahser
North of 1-696
Filled with
eve
• 24 Hour Emergency
Response
• Scheduled Transportation
• Activities
Congregate Living offers apartment-style
living with kitchenettes. All activities/services
under one roof. Full amenities including
meals, laundry, daily housekeeping.
Independent service providers available for
personal assistance.
Starting at $1,595
• Efficiency, 1-2 Bedroom • Scheduled Transportation
• Daily Meals
• Activities
• Laundry &
• Personal Assistance
Available
Housekeeping Services
• 24 Hour Emergency
Response
Feldstein: listener, counselor.
John Gibson, executive vice president,
GMAC North American Operations,
worked with Feldstein "on several proj-
ects during his last tour of duty at
GMAC. He is a solid business executive
with an incredible talent for listening
and his advice and counsel made a sig-
nificant impact on our business opera-
tions."
"Business is good," Feldstein told
shareholders at the beginning of this
year. He targeted 2003 earnings for
financing, mortgage and insurance at
$1.7-1.9 billion. He based that estimate
on GMAC's net income of $1.87 bil-
lion in 2002, making it the division's
eighth consecutive year of earnings
growth.
"With increased consumer confi-
dence, I think we'll hit the upper end of
that range for 2003," said Feldstein.
However, the challenge is formidable.
Both GM and GMAC had their credit
downgraded in 2002 by Standard &
Poor's to a "BBB" rating. The division is
operating with the largest GMAC bal-
ance sheet and the lowest GMAC credit
rating on record — all during a difficult
capital market environment.
But Feldstein has the total support of
his superiors. Said John Devine, GM
vice chairman and chief financial offi-
cer: As GM's treasurer and vice presi-
dent for finance, Eric was instrumental
in bringing innovative and disciplined
practices to the finance group. He faced
a number of challenges with great suc-
cess. "
Feldstein is married to the former
Miriam Kaufman of Chicago. They
have three children: Jennifer, 15, Max,
11, and Sam, 7.
He is the son of Dr. Donald and
Shirley Feldstein. Donald was executive
director of the national Council of
Jewish Federations and the American
Jewish Committee, and the senior
Feldsteins are neighbors in Teaneck,
N.J., of former Jewish News Editor Gary
Rosenblatt.
1-2 Bedroom
Full Kitchen
Appliances
Laundry Facilities
Tours Available
Seven Days
a Week
Both Villa/Manor and Congregate Living
are available at these
convenient locations in your area:
Farmington Hills
248-471-9141
24400 Middlebelt Rd
North of 10 Mile Rd
Birmingham
248-645-0420
1100 N. Adams Rd
South of Big Beaver
West Bloomfield
248-538-5283
5859 W. Maple Rd
West of Orchard Lake Rd
The Village of
Rochester Hills
248-853-6000
3617 South Adams Rd
North of South Blvd
www.american-house.com
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8/15
2003
79