Financial Assistance

Financial Assistance

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This is a print on demand edition of a hard to find publication. The recent financial crisis resulted in a wide-ranging federal response that included providing assistance to several major corp. As a result of actions under the Troubled Asset Relief Program (TARP) and others, the government was a shareholder in the Amer. International Group; Bank of Amer.; Citigroup; Chrysler; General Motors; Ally Financial/GMAC; and Fannie Mae and Freddie Mac. This report: (1) describes the governmentAis ownership interest and evaluates the extent of government involvement in these companies; (2) discusses the governmentAis management and monitoring of its investments and exit strategies; and (3) identifies lessons learned from the federal actions. Charts and tables.Ongoing Challenges and Guiding Principles Related to Government Assistance for Private Sector Companies Orice ... For example, one letter stated that closing a particular dealership would result in customers having to drive up to 120 miles anbsp;...

Title:Financial Assistance
Author: Orice Williams Brown
Publisher:DIANE Publishing - 2011-01

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