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

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Contributor:

Library of Congress. Congressional Research Service. Resources, Science, and Industry Division.

Language:

English

Subjects (All):

Automobiles.

Financial institutions.

Fiscal policy.

Expenditures, Public.

Physical Description:

1 online resource (1 online resource (16 p), digital, PDF file)

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2011.

System Details:

text file

Summary:

Explains rationale for Federal assistance to auto financing companies under the troubled asset relief program (TARP). Addresses role of Ally Financial, formerly known as General Motors Acceptance Corp. (GMAC), in financing the automobile industry; summarizes Government assistance to GMAC/Ally Financial; and considers ultimate cost of assistance to Ally Financial and TARP repayments.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Apr. 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Government Division. TARP Assistance for the U.S. Motor Vehicle Industry

Access Restriction:

Restricted for use by site license.