Government Assistance for GMAC/Ally Financial : Unwinding the Government Stake.

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.

Expenditures, Public.

Financial institutions.

Fiscal policy.

Physical Description:

1 online resource (1 online resource (15 pages)) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2014.

System Details:

System requirements: PDF reader software.

text file

PDF

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 Corporation (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.

This report is one in a series of updates. For the most recent coverage of this report series, please see 11-R4-1846 in the 2011 issue.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Mar. 2015). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: Library of Congress. Government Division. Government Assistance for GMAC/Ally Financial

Access Restriction:

Restricted for use by site license.