Tags: gmac
Banks Controlled Regulators During Bailout
October 1st, 2011
in econ_news
Econintersect: September 29, 2011 the latest report from SIGTARP (Special Inspector General for the Troubled Asset Relief Program) was issued. It reveals a picture of banks directing the regulators instead of the reverse. The report criticizes the… more »
Remember GMAC? It's B-a-a-a-ck!
January 2nd, 2011
in News
The government's common stock ownership of Ally Bank increased to 74%, up from 56 percent, with the conversion to common of half the Treasuries perferred stock stake. more »
