SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* RAMIUS CAPITAL GROUP LLC (Last) (First) (Middle) 666 THIRD AVENUE 26TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol AMERICREDIT CORP [ ACF ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) See remarks
	3. Date of Earliest Transaction (Month/Day/Year) 01/11/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share ("Common Stock")	01/11/2008(1)		P		750,000	A	$12.032	750,000	I	See footnotes(2)(3)(4)
Common Stock	01/11/2008(1)		P		275,000	A	$12.0569	1,025,000	I	See footnotes(5)(6)(7)
Common Stock	01/14/2008		P		975,000	A	$11.5864	2,000,000	I	See footnotes(8)(9)(10)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* RAMIUS CAPITAL GROUP LLC (Last) (First) (Middle) 666 THIRD AVENUE 26TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

1. Name and Address of Reporting Person* RCG Enterprise Ltd (Last) (First) (Middle) 666 THIRD AVENUE 26TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

1. Name and Address of Reporting Person* RCG PB, Ltd (Last) (First) (Middle) C/O RAMIUS CAPITAL GROUP, LLC 666 THIRD AVENUE 26TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

1. Name and Address of Reporting Person* RAMIUS ADVISORS LLC (Last) (First) (Middle) (Street) (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

1. Name and Address of Reporting Person* C4S & CO LLC (Last) (First) (Middle) (Street) (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

1. Name and Address of Reporting Person* COHEN PETER A (Last) (First) (Middle) 666 THIRD AVE 26TH FL (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

1. Name and Address of Reporting Person* STARK MORGAN B (Last) (First) (Middle) (Street) (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

1. Name and Address of Reporting Person* STRAUSS THOMAS W (Last) (First) (Middle) 666 THIRD AVE 26TH FL (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

1. Name and Address of Reporting Person* SOLOMON JEFFREY M (Last) (First) (Middle) 666 THIRD AVENUE 26TH FL (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See remarks

Explanation of Responses:

1. The Reporting Persons cannot determine at this time which of the two purchases on January 11, 2008 was entered into first and therefore have elected to report both purchases on January 11, 2008 on this Form 4.

2. Ramius Capital Group, L.L.C., a Delaware limited liability company ("Ramius Capital"), (i) acts as the investment advisor of RCG Enterprise, Ltd., a Cayman Islands company ("RCG Enterprise"), which directly owns 399,084 shares of Common Stock, (ii) acts as the investment advisor of RCG Sextant Master Fund, Ltd., a Cayman Islands company ("RCG Sextant"), which directly owns 163,416 shares of Common Stock and (iii) is the sole member of Ramius Advisors, LLC, a Delaware limited liability company ("Ramius Advisors"), which acts as the investment advisor of RCG PB, Ltd., a Cayman Islands company ("RCG PB"), which directly owns 187,500 shares of Common Stock.

3. As the investment advisor of RCG PB, Ramius Advisors may be deemed to beneficially own the 187,500 shares of Common Stock directly owned by RCG PB. As the sole member of Ramius Advisors and the investment advisor of RCG Enterprise and RCG Sextant, Ramius Capital may be deemed to beneficially own (i) the 187,500 shares of Common Stock directly owned by RCG PB, (ii) the 399,084 shares of Common Stock directly owned by RCG Enterprise and (iii) the 163,416 shares of Common Stock directly owned by RCG Sextant. As the managing member of Ramius Capital, C4S & Co., L.L.C., a Delaware limited liability company ("C4S"), may be deemed to beneficially own (i) the 187,500 shares of Common Stock directly owned by RCG PB,

4. (continued from footnote (3)) (ii) the 399,084 shares of Common Stock directly owned by RCG Enterprise and (iii) the 163,416 shares of Common Stock directly owned by RCG Sextant. As the managing members of C4S, each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially (i) the 187,500 shares of Common Stock directly owned by RCG PB, (ii) the 399,084 shares of Common Stock directly owned by RCG Enterprise and (iii) the 163,416 shares of Common Stock directly owned by RCG Sextant. Each Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

5. 545,415 shares of Common Stock are attributable to RCG Enterprise, 223,335 shares of Common Stock are attributable to RCG Sextant and 256,250 shares of Common Stock are attributable to RCG PB.

6. As the investment advisor of RCG PB, Ramius Advisors may be deemed to beneficially own the 256,250 shares of Common Stock directly owned by RCG PB. As the sole member of Ramius Advisors and the investment advisor of RCG Enterprise and RCG Sextant, Ramius Capital may be deemed to beneficially own (i) the 256,250 shares of Common Stock directly owned by RCG PB, (ii) the 545,415 shares of Common Stock directly owned by RCG Enterprise and (iii) the 223,335 shares of Common Stock directly owned by RCG Sextant. As the managing member of Ramius Capital, C4S & Co., L.L.C., a Delaware limited liability company ("C4S"), may be deemed to beneficially own (i) the 256,250 shares of Common Stock directly owned by RCG PB,

7. (continued from footnote (6)) (ii) the 545,415 shares of Common Stock directly owned by RCG Enterprise and (iii) the 223,335 shares of Common Stock directly owned by RCG Sextant. As the managing members of C4S, each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially (i) the 256,250 shares of Common Stock directly owned by RCG PB, (ii) the 545,415 shares of Common Stock directly owned by RCG Enterprise and (iii) the 223,335 shares of Common Stock directly owned by RCG Sextant. Each Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

8. 1,046,510 shares of Common Stock are attributable to RCG Enterprise, 697,240 shares of Common Stock are attributable to RCG Sextant and 256,250 shares of Common Stock are attributable to RCG PB.

9. As the investment advisor of RCG PB, Ramius Advisors may be deemed to beneficially own the 247,419 shares of Common Stock directly owned by RCG PB. As the sole member of Ramius Advisors and the investment advisor of RCG Enterprise and RCG Sextant, Ramius Capital may be deemed to beneficially own (i) the 256,250 shares of Common Stock directly owned by RCG PB, (ii) the 1,046,510 shares of Common Stock directly owned by RCG Enterprise and (iii) the 697,240 shares of Common Stock directly owned by RCG Sextant. As the managing member of Ramius Capital, C4S & Co., L.L.C., a Delaware limited liability company ("C4S"), may be deemed to beneficially own (i) the 256,250 shares of Common Stock directly owned by RCG PB, (ii) the 1,046,510 shares of Common Stock directly owned by RCG Enterprise and (iii) the 697,240 shares of Common Stock directly owned by RCG Sextant.

10. (continued from footnote (9)) As the managing members of C4S, each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially (i) the 256,250 shares of Common Stock directly owned by RCG PB, (ii) the 1,046,510 shares of Common Stock directly owned by RCG Enterprise and (iii) the 697,240 shares of Common Stock directly owned by RCG Sextant. Each Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Remarks:

Member of 13D group owning more than 10%. The Power of Attorney executed by Jeffrey M. Solomon, Peter A. Cohen, Morgan B. Stark and Thomas W. Strauss, authorizing Owen S. Littman to sign and file this Form 4 on each person's behalf, which was filed with the Form 3 filed with the Securities and Exchange Commission on October 16, 2007 by such Reporting Persons with respect to the common stock of Baseline Oil & Gas, Inc., is hereby incorporated by reference.

	RAMIUS CAPITAL GROUP, L.L.C., By: /s/ Owen S. Littman, Authorized Signatory	01/17/2008
	RCG ENTERPRISE, LTD., By: Ramius Capital Group, L.L.C., its Investment Advisor, By: /s/ Owen S. Littman, Authorized Signatory	01/17/2008
	RCG SEXTANT MASTER FUND, LTD., By: Ramius Capital Group, L.L.C., as Sole Member; By: /s/ Own S. Littman, Authorized Signatory	01/17/2008
	RCG PB, LTD., By: Ramius Advisors, LLC, its Investment Advisor, By: Ramius Capital Group, L.L.C., as Sole Member; By: /s/ Owen S. Littman, Authorized Signatory	01/17/2008
	RAMIUS ADVISORS, LLC, By: Ramius Capital Group, L.L.C., as Sole Member, By: /s/ Owen Littman, Authorized Signatory	01/17/2008
	C4S & CO., L.L.C., By: Jeffrey M. Solomon, as Managing Member, By: /s/ Owen S. Littman, Authorized Signatory	01/17/2008
	PETER A. COHEN, /s/ Owen S. Littman, By: Owen S. Littman, as Attorney-In-Fact for Peter A. Cohen	01/17/2008
	MORGAN B. STARK, /s/ Owen S. Littman, By: Owen S. Littman, as Attorney-In-Fact for Morgan B. Stark	01/17/2008
	THOMAS W. STRAUSS, /s/ Owen S. Littman, By: Owen S. Littman, as Attorney-In-Fact for Thomas W. Strauss	01/17/2008
	JEFFREY M. SOLOMON, /s/ Own S. Littman, By: Owen S. Littman, as Attorney-In-Fact for Jeffrey M. Solomon	01/17/2008
	** Signature of Reporting Person	Date
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