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

Language:

English

Subjects (All):

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] 2011

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; discusses ongoing initial public offering process; 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 Jan. 2013). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

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

Publisher Number:

CRS-2011-GVF-0388

Access Restriction:

Restricted for use by site license