Relevant:
- Treasury Said to Plan Second Bailout for GMAC
- U.S. throws GMAC $6 billion lifeline
- GM proposes to pay CEO $11.1 million in '13 From The Detroit News: http://www.detroitnews.com/article/20130225/AUTO0103/302250430#ixzz2M0ldJBWG
- Index IQ's New 'Merger Arbitrage' ETF Is Nothing of the Sort
- General Motors Corp., Ford Motor Co., Chrysler LLC and U.S. auto-parts makers are seeking $50 billion in government-backed loans, double their initial request, to develop and build more fuel-efficient vehicles.
2008-11-03 — nytimes.com
"The Treasury Department has turned down a request by General Motors for up to $10 billion to help finance the automaker’s possible merger with Chrysler, according to people close to the discussions."
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