UPDATE 2-Ally's $2.1 bln payment to ResCap gets court's OK

Newswire

* ResCap had "unreasonably" small amount of capital -report * ResCap still needs formal plan to exit bankruptcy * Ally still owes U.S. $10 bln on $17 bln bailout loan By Nick Brown NEW YORK, June 26 (Reuters) - A bankruptcy judge on Wednesday approved a settlement in which the U.S. government-owned Ally Financial Inc, formerly the finance arm of General Motors Co., will pay $2.1 billion to its bankrupt unit Residential Capital LLC. ...

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