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 »






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