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U.S. Unlikely to Recoup Auto Bailouts, G.A.O. Says
dealbook.blogs.nytimes.com - 11/3/2009
U.S. Unlikely to Recoup Auto Bailouts, G.A.O. Says
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A government report released Monday concludes that taxpayers will probably never recoup all - or even close to all - of the $67 billion that the Treasury Department lent to General Motors and Chrysler in the last year to prevent their collapse.
baselinescenario.com - 10/28/2009
Paging Jamie Dimon
— baselinescenario.com — Surprise, surprise — GMAC needs more money . As you may recall, GMAC was the one institution... that got a C- on the stress tests this spring that were impossible to fail. I imagine the analysts at the Fed really wanted to give it an F, but they couldn’t. In any case, it seems that ... (more) Paging Jamie Dimon

Comments vote down jamesykwak jamesykwak posted 10/28/2009posted this
GMAC Asks for More U.S. Aid
dealbook.blogs.nytimes.com - 10/28/2009
GMAC Asks for More U.S. Aid
— dealbook.blogs.nytimes.com — GMAC, the troubled consumer finance company, is seeking billions of dollars in additional federal aid, a move... that would be its third taxpayer bailout and could give the government a majority stake in the company, according to people briefed on the ... (more) GMAC Asks for More U.S. Aid

Comments vote down 24/7 Wall St. found this 10/28/2009found this
Lending Giant GMAC Seeks Billions More in U.S. Aid
nytimes.com - 10/28/2009
Lending Giant GMAC Seeks Billions More in U.S. Aid
— nytimes.com — , the troubled consumer finance company, is seeking billions of dollars in additional federal aid, a move... that would be its third taxpayer bailout and could give the government a majority stake in the company, according to people briefed on the ... (more) Lending Giant GMAC Seeks Billions More in U.S. Aid

Comments vote down FT Alphaville found this 10/28/2009found this

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Between the Hedges:  Today's Headlines

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Today's Headlines
Between the Hedges — ... . NY Times: - A government report released Monday concludes that taxpayers will probably never recoup all — or even close to all — of the $67 billion that the Treasury Department lent to ...

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