ECO 561 Week 2 Graded - GOVERNMENT INTERVENTION AND THE AUTO MAKERS BAILOUT Graded 45\/50 ECO 561 OVERVIEW Automakers Bailout and Government Bailout

ECO 561 Week 2 Graded - GOVERNMENT INTERVENTION AND THE...

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Graded 45/50 ECO 561 July 21, 2017 GOVERNMENT INTERVENTION AND THE AUTO MAKERS BAILOUT
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Automakers Bailout and Government Bailout History Government Intervention vs. Market-Based Solutions How it affects Various Stakeholders Unintended Consequences Cost Trend of the Intervention Program Was it a success or failure and should it be modified? Conclusion OVERVIEW
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Automakers Bailout Top Three Auto Makers Received Troubled Asset Relief Program (TARP) Received 80.7 Billion Lent money, bought stock and provided incentives to spur new car purchases. AUTOMAKERS BAILOUT AND GOVERNMENT BAILOUT HISTORY Company Invested Sold For Profit/Loss Date Bailout Ended GM 51.0 billion $39.7 billion - $11.3 billion Dec. 9, 2013 GMAC (Ally) $17.2 billion $19.6 billion +$2.4 billion Dec. 18, 2014 Chrysler $12.5 billion $11.2 billion - $1.3 billion May 2011 TOTAL $80.7 billion $70.5 billion $-10.2 billion
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Government Bailout History The Great Depression Government Created the Home Owners' Loan Corporation Savings and Loan Bailout of 1989
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