Chrysler Financial Snares TARP Funding
Just weeks after granting GMAC LLC bank-holding-company status and providing it with $6 billion in TARP funds, the Treasury Department today approved $1.5 billion of funds for Chrysler Financial LLC. The capital infusion will be used to finance consumer auto loans, in a move meant to help restore the faltering auto industry.
Click here to read Treasury's announcement of the funding and its terms.
Click here to read Treasury's announcement of the funding and its terms.
Comment
Subscribe to Auto Finance News by clicking here.
Details
About Us
Guide to Posting Images
Videos
Code of Ethics
Advertise
Our Other Sites:
Air Cargo Management Group
AccountsRecovery.net
Bank Innovation
________________________
Subscribe to our sister publication, Auto Finance News. Click here to learn more about the industry's leading newsmagazine or here for VIP access.
You agree that in posting to this site you will abide by the Terms of Service spelled out below.
Events
Job Board
© 2012 Created by JJ Hornblass.
You need to be a member of AutoFinanceNews.net to add comments!
Join AutoFinanceNews.net