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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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.
This report is part of the following collection of related materials.
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.
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.