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.

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16 pages.

Creation Information

Webel, Baird & Canis, Bill September 13, 2012.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by the UNT Libraries Government Documents Department to the UNT Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 347 times. More information about this report can be viewed below.

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UNT Libraries Government Documents Department

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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.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.

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Creation Date

  • September 13, 2012

Added to The UNT Digital Library

  • Nov. 30, 2012, 9:28 a.m.

Description Last Updated

  • Aug. 13, 2015, 1:17 p.m.

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Past 30 days: 1
Total Uses: 347

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Webel, Baird & Canis, Bill. TARP Assistance for the U.S. Motor Vehicle Industry: Unwinding the Government Stake in GMAC, report, September 13, 2012; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc122209/: accessed April 19, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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