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

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2014

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

Notes:

CRS Report

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

Vendor supplied data

Other Format:

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

Publisher Number:

CRS-2014-GVF-0353

Access Restriction:

Restricted for use by site license