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FOXNews.com - GMAC Bailout Could Cost...

WASHINGTON - The Treasury Department sank... company was viable -- a decision that could cost taxpayers $6.3 billion, a new watchdog report says.

www.foxnews.com/politics/2010/03/10/gmac-bailout-cost-taxpayers-b/

First shared on  by  foxheadlines foxheadlines
Last shared: 2 days ago | 48  shares | Tweet It

Home Buyer Tax Credit Likely To Cost Taxpayers $100K...

Recent indications that demand... and expansion of the home buyer tax credit will probably cost taxpayers over $100,000 for each additional home sold.

www.huffingtonpost.com/2010/03/05/home-buyer-tax-credit-lik_n_487128.html

First shared on  by  camfx camfx
Last shared: March 5, 2010 | 15  shares | Tweet It

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GMAC Bailout Could Cost Taxpayers Billions,...

A bailout watchdog warned today that troubled lender GMAC, the recipient of three infusions of... could end up costing taxpayers billions of dollars.

abcnews.go.com/Business/gmac-bailout-cost-taxpayers-billions-watchdog/story...

First shared on  by  moraqeb moraqeb
Last shared: 1 day ago | 10  shares | Tweet It

COP Cites Missed Opportunities in Federal Bailout of GMAC

GMAC, once the credit arm of General... could have been placed into bankruptcy and its costly subsidiary operations wound-down, the Panel said.

www.housingwire.com/2010/03/11/cop-cites-missed-opportunities-in-federal-ba...

First shared on  by  HousingWire HousingWire
Last shared: 1 day ago | 7  shares | Tweet It

TARP Panel Finds Fault With GMAC Bailouts

The panel, the Congressional Oversight Panel for the Troubled Asset Relief Program, raised... The panel, the Congressional Oversight Panel for the...

myforextalk.info/tarp-panel-finds-fault-with-gmac-bailouts/

First shared on  by  Sarahijwv54 Sarahijwv54
Last shared: 2 days ago | 5  shares | Tweet It

Financial Crisis News Center: Bachus Urges Senate To Address GSE...

"Financial regulatory reform legislation will not have any meaningful impact on ending taxpayer bailouts if the cost of operating the GSEs is allowed...

www.financialcrisisupdate.com/.../bachus-urges-senate-to-address-gse-failures...

First shared on  by  Bank_Risk Bank_Risk
Last shared: 1 day ago | 3  shares | Tweet It

Foxx cosponsors bill to put "stealth bailout" on...

"North Carolina taxpayers deserve to know the full cost of the bailouts of Fannie and Freddie." In 2008, Congress initially put a $200 billion...

www.tradingmarkets.com/.../fnm_foxx-cosponsors-bill-to-put-stealth-bailout-on...

First shared on  by  terryvanhorn terryvanhorn
Last shared: 1 day ago | 3  shares | Tweet It

Car czar: Auto bailouts saved Detroit, state of Michigan

The automaker bailout may end up costing U.S. taxpayers upwards of $30 billion, but that seems like a small price to pay to keep an entire state...

www.leftlanenews.com/car-czar-auto-bailouts-saved-detroit-state-of-michigan.html

First shared on  by  LeftlaneNews LeftlaneNews
Last shared: 2 days ago | 3  shares | Tweet It

Federal panel: GMAC bailout will cost...

Washington -- Taxpayers likely will lose $6.3 billion or more on the bailout of GMAC Inc., a federal watchdog panel said in a report released Thursday.

detnews.com/article/.../Federal-panel--GMAC-bailout-will-cost-taxpayers-$6.3B

First shared on  by  ivanisbudcrazy ivanisbudcrazy
Last shared: 1 day ago | 3  shares | Tweet It

Oversight panel blasts $17.2 billion bailout of GMAC

A congressional watchdog today criticizes the $17.2 billion bailout of auto financier GMAC, saying the Treasury Department missed opportunities to...

www.usatoday.com/money/autos/2010-03-11-gmac11_ST_N.htm?csp=34&utm_campaign=F...

First shared on  by  DollarsPerDay DollarsPerDay
Last shared: 2 days ago | 3  shares | Tweet It