Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
LEUCADIA NATIONAL CORP
  2. Issuer Name and Ticker or Trading Symbol
AMERICREDIT CORP [ACF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
315 PARK AVENUE SOUTH, 
3. Date of Earliest Transaction (Month/Day/Year)
05/23/2008
(Street)

NEW YORK, NY 10010
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 05/23/2008   P   750,000 A $ 12.92 30,086,440 I (1) See Explanation (1)
Common Stock 05/27/2008   P   100,800 A $ 12.98 30,187,240 I (2) See Explanation (2)
Common Stock 05/28/2008   P   160,000 A $ 12.97 30,347,240 I (3) See Explanation (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LEUCADIA NATIONAL CORP
315 PARK AVENUE SOUTH
NEW YORK, NY 10010
    X    
PHLCORP INC
399 MARKET STREET
5TH FLOOR
PHILADELPHIA, PA 19181
    X    
Baldwin Enterprises, Inc.
529 EAST SOUTH TEMPLE
SALT LAKE CITY, UT 84102
    X    
RCG BALDWIN LP
666 THIRD AVENUE
26TH FLOOR
NEW YORK, NY 10017
    X    

Signatures

 Leucadia National Corporation, /s/ Barbara L. Lowenthal, Vice President   05/28/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reflects 26,836,440 shares of AmeriCredit common stock directly owned by Baldwin Enterprises, Inc. ("Baldwin"), and indirectly owned by Phlcorp, Inc. ("Phlcorp") and Leucadia National Corporation ("Leucadia") and 3,250,000 shares of AmeriCredit common stock directly owned by RCG Baldwin, L.P. ("RCG Baldwin"), as nominee for Baldwin, and indirectly owned by Baldwin, Phlcorp and Leucadia. Baldwin is a wholly-owned subsidiary of Phlcorp and Phlcorp is a wholly-owned subsidiary of Leucadia. Baldwin, the sole limited partner of RCG Baldwin, has decision making authority and pecuniary interest with respect to the shares of AmeriCredit common stock owned directly by RCG Baldwin pursuant to an agreement with RCG Baldwin's general partner.
(2) Reflects 26,937,240 shares of AmeriCredit common stock directly owned by Baldwin and indirectly owned by Phlcorp and Leucadia and 3,250,000 shares of AmeriCredit common stock directly owned by RCG Baldwin, as nominee for Baldwin, and indirectly owned by Baldwin, Phlcorp and Leucadia.
(3) Reflects 27,097,240 shares of AmeriCredit common stock directly owned by Baldwin and indirectly owned by Baldwin, Phlcorp and Leucadia and 3,250,000 shares of AmeriCredit common stock directly owned by RCG Baldwin, as nominee for Baldwin, and indirectly owned by Baldwin, Phlcorp and Leucadia.
 
Remarks:
See Exhibit 99.1.

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