TARP Assistance for the U.S. Motor Vehicle Industry: Unwinding the Government Stake in GMAC

Description:

This report discusses government support given to Ally Financial, formerly known as General Motors Acceptance Corporation (GMAC), which provides auto financing, insurance, online banking, and mortgage and commercial financing. This report looks at how or even it GMAC will be able to pay back the government for Trouble Asset Relief Program (TARP) funding.

Creator(s):
Location(s): United States
Creation Date: September 13, 2012
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
Usage:
Total Uses: 130
Past 30 days: 11
Yesterday: 0
Creator (Author):
Webel, Baird

Specialist in Financial Economics

Creator (Author):
Canis, Bill

Specialist in Industrial Organization and Business

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: September 13, 2012
Coverage:
Place
United States
Description:

This report discusses government support given to Ally Financial, formerly known as General Motors Acceptance Corporation (GMAC), which provides auto financing, insurance, online banking, and mortgage and commercial financing. This report looks at how or even it GMAC will be able to pay back the government for Trouble Asset Relief Program (TARP) funding.

Physical Description:

16 pages.

Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text