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

Webel, Baird ; Canis, Bill

Library of Congress. Congressional Research Service.

关键词: Economic policy;    Economic stabilization;    Finance;    Financial crises;    Government regulation;   

RP-ID  :  R41846
RP-ID  :  R41846_2015Jan26

美国|英语

来源: UNT Digital Library

【 摘 要 】

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 if -- GMAC will be able to pay back the government for Trouble Asset Relief Program (TARP) funding.