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Unique Treatment of GMAC Under TARP (Hardcover) Loot Price: R3,256
Discovery Miles 32 560
Repayment Terms: R305 pm x 12*
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Unique Treatment of GMAC Under TARP (Hardcover): Robert W Crowley

Unique Treatment of GMAC Under TARP (Hardcover)

Robert W Crowley

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Loot Price R3,256 Discovery Miles 32 560 | Repayment Terms: R305 pm x 12*

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GMAC is a diversified financial services firm that derives its revenues from automotive finance, where it holds a dominant position, as well as mortgage operations, insurance operations, and commercial finance. The U.S. government has spent a total of $17.2 billion to support GMAC under the TARP. GMAC received funds on three separate occasions, spanning both the Bush and Obama Administrations. As part of the government bail-out effort, GMAC has received special treatment apart from the funds in order to meet the capital buffers established under the bank "stress tests" because it could not raise funds from private sources. This book examines the unique treatment given GMAC under the TARP.

General

Imprint: nova science publishers
Country of origin: United States
Release date: March 2011
First published: December 2010
Editors: Robert W Crowley
Dimensions: 180 x 260 x 16mm (L x W x T)
Format: Hardcover
Pages: 176
ISBN-13: 978-1-61728-305-5
Categories: Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions
Books > Money & Finance > Credit & credit institutions
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LSN: 1-61728-305-3
Barcode: 9781617283055

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