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The Unique Treatment of GMAC Under TARP

March 29th, 2010

03.29.2010

The Unique Treatment of GMAC Under TARP

original article short written by Net Advisor™


According to the Congressional Oversight Panel (COP), chaired by Elizabeth Warren, cited that the

“Treasury has not required GMAC to lay out a clear path to viability or a strategy for fully repaying taxpayers,” despite $17.2 Billion in TARP bailout funds.

— Source: Senate Congressional Oversight Panel

Read the Full Report (PDF, 03-10-2010, 170 pps). If link is broken or moved, click here for PDF ready document replacement.

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