£30.05

Unique Treatment of GMAC Under TARP (Financial Institutions and Services)

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£32.80 £14.53 £18.52 £22.50 £26.49 £30.47 £34.46 10 June 2026 15 June 2026 20 June 2026 25 June 2026 30 June 2026

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Most common price: £33 (12 days, 57.1%)

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Description

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.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 March 2011
Listed Since
26 May 2010

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