Hot Topics
Troubled Asset Relief Program
-
Obama finding what's good for GM not so good for taxpayers
which received taxpayer rescues from the Troubled Asset Relief Program that also funded GM's bailout. GM ..... very good job of disposing of shares of TARP banks and that provides a pretty good ..... Treasury has taken some losses on the TARP shares on individual banks. But they
-
Detroit 3 profits underscore auto industry gains under Obama
S. still holds in the two companies, according to a report from the Special Inspector General for the Troubled Asset Relief Program . U.S. stake The U.S. government owns 32 percent of GM and the automaker has banned political visits
-
Former GM CEO Whitacre urges U.S. to sell stake in automaker
been a failure three years ago, it's not today." GM's $50 billion bailout was funded through the Troubled Asset Relief Program , which imposes rules about how the money can be used. As a result, GM spends too much time discussing
-
U.S. Treasury resists GM plan to sell government stake
is to produce great cars and solid profits." The Treasury has invested more than $50 billion in GM via the Troubled Asset Relief Program . Neither General Motors nor the Treasury department could not be reached for comments immediately.
-
GM, Chrysler bailouts draw ire of former AIG chairman
billion in repayments and income from the $63.4 billion in aid that went to GM and Chrysler through the Troubled Asset Relief Program . The United States still holds 500 million shares, a 32 percent stake, in Detroit-based GM. The holding
-
Loan opponent Ryan sought riskier practices on electric-car aid
proposed was a better option than the federal Troubled Asset Relief Program , or TARP , a bailout mechanism created in 2008. "Nothing ..... than what the White House ultimately did -- use TARP to pick winners and losers." Ryan, 42, chairman
-
Saab redux?
financial ruination in late 2008 when President George W. Bush used billions of dollars from the federal Troubled Asset Relief Program to extend a lifeline to GM. Saab's new owner may or may not develop a viable business model using Saab
-
Ryan was for, and against, auto bailout
4 billion in loans from the $700 billion TARP fund used to bail out the financial sector. TARP is short for Troubled Asset Relief Program . In a statement then, Ryan said: "I ..... measure had he known the funds would come from TARP .
-
Ryan, unlike Romney, supported 2008 loans to automakers
taken from the $700 billion Troubled Asset Relief Program fund used to bail out the ..... Chrysler were going to come from TARP . "The whole purpose of voting ..... auto companies from getting TARP dollars," Ryan told Fox ..... President Obama gave them TARP and now TARP has become this
-
BMW Seeks Olympic Gold (7/27/12)
simply titled bailout. Its author Neil Borowski. He's the former special inspector general for the Troubled Asset Relief Program or TARP . According to the Detroit news. Borowski says the Obama administration. Pressed GM and Chrysler to
Its author Neil Borowski. He's the former special inspector general for the Troubled Asset Relief Program or TARP . According to the Detroit news. Borowski says the Obama administration. Pressed GM and Chrysler to close dealerships without regard to the resulting -
Hint of Hyundai at GM (7/10/12)
owed that. First testifying. Christie Romero special inspector general for the treasury department's Troubled Asset Relief Program or TARP . She says the three auto task force members had refused to be interviewed by her office. We are conducting
that. First testifying. Christie Romero special inspector general for the treasury department's Troubled Asset Relief Program or TARP . She says the three auto task force members had refused to be interviewed by her office. We are conducting an audit review -
GM, Ally exit plan needed for U.S. Treasury, says government watchdog
crisis-era corporate bailout initiative known as the Troubled Asset Relief Program , said it could take a number of years for taxpayers to ..... Delphi's bankruptcy would satisfy any questions from the TARP inspector general. He also said he had been in contact
-
COMMENTARY: Private equity was good for Obama -- why not Romney?
President George W. Bush and Treasury Secretary Henry Paulson did the right thing by using funds from the Troubled Asset Relief Program , or TARP , to keep GM and Chrysler alive. When the Obama administration took over in January 2009, it decided
-
COMMENTARY: Ford get its Blue Oval -- and its mojo -- back
this day. Within 45 minutes, nearly 1,000 people gathered on the building's west lawn, where workers had laid out a huge tarp emblazoned with the Blue Oval. The company passed out blue and white T-shirts. Employees in white shirts filled out the Ford
-
GM divestiture has no timetable by the U.S., report says
as much credit for that as it might," Massad told the News . Massad, who oversees the $700 billion Troubled Asset Relief Program and the government's 26 percent stake in GM common stock, told the newspaper that the Treasury must
-
Flying Lady 1, flying object 0
motion. The object, which we believe was a mattress but it could have been a box spring or a wooden frame covered in a blue tarp , flipped in the air and appeared headed for the left lane. We moved to the right. Then the object changed direction and crashed
-
Hybrid a One-Time Buy? (4/9/12)
and AIG. They are the final three firms that got exceptional bail assistance under the government's Troubled Asset Relief Program . In addition to freezing CEO pay at 2011 models. The US cut direct compensation and for 69 other senior
final three firms that got exceptional bail -- assistance under the government's Troubled Asset Relief Program . In addition to freezing CEO pay at 2011 models. The US cut direct compensation and for 69 other senior executives at the -
Treasury freezes pay for GM's Akerson, Ally's Carpenter
being frozen at 2011 levels. The ruling from the special master for executive compensation under the Troubled Asset Relief Program , or TARP , applies to the leaders of AIG, General Motors and Ally Financial, which was formerly called GMAC
-
COMMENTARY: Why I think Kuzak influenced more at Ford than Lutz did at GM
roughly 30 years with no success. Press releases for Ford's original "world car," the 1980 Escort, showed it covered by a tarp made up of national flags, to emphasize that it was the product of a global effort. But it wasn't. European and American
-
U.S. auto dealers who survived debacle see record sales
dealership closings led to congressional hearings and drew criticism from the Special Inspector General for the Troubled Asset Relief Program , which said that the Treasury Department should have considered the job losses. andlsquo;Part of the


