Smoky Mountains Sunrise
Showing posts with label US Department of Treasury. Show all posts
Showing posts with label US Department of Treasury. Show all posts

Thursday, March 11, 2010

Watchdog Says GMAC Bailout Could Cost Taxpayers $6.3 Billion


The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable -- a decision that could cost taxpayers $6.3 billion, a new watchdog report says.

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