General Discussion
In reply to the discussion: WillyT has been banned. [View all]pnwmom
(108,980 posts)in Detroit and all over the US.
She voted for TARP, which kept banks from going under and also provided funds for the auto-bailout and to deal with the mortgage crisis -- all of which helped cities like Detroit.
Automotive Industry Financing Program
General Motors
(paid back)
Chrysler
(paid back)
GMAC
Chrysler Financial
(paid back)
$80.1 billion
$49.9 billion
($361 million)
$15.2 billion
($280 million)
$13.5 billion
$1.5 billion
($1.5 billion)
$77.6 billion
Auto Supplier Support Program
GM Supplier Receivables
(paid back)
Chrysler Receivables
$5 billion
$3.5 billion
($140 million)
$1.5 billion
$3.5 billion
$2.5 billion
($140 million)
$1 billion
Making Home Affordable
* See additional $25 billion component
* See full list of participating servicers
$50 billion $27.4 billion
Multipronged foreclosure prevention plan to help as many as 9 million borrowers by modifying or refinancing loans.
SNIP