Relevant:
- Ally Financial exits TARP; feds declare program success
- Hedgie who owns debt in ResCap asking political rival for help keeping lender out of bankruptcy
- Treasury plans to sell off stake in GMAC From The Detroit News
- GMAC Posts Quarterly Profit, Plans to Adopt Ally Name
- Treasury Said to Prepare AIG Exit, Repayment Plan
2010-12-31 — yahoo.com
"The Treasury Department converted $5.5 billion of its preferred shares in Ally Financial, the lender once known as GMAC, into common stock, laying the groundwork for exiting the investment."
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