Automakers
U.S. Unlikely to Recoup Auto Investments, Report Says
see also "GAO questions Obama plan to dissolve auto team (Detroit News, 11/2/2009)
TROUBLED ASSET RELIEF PROGRAM: Continued Stewardship Needed as Treasury Develops Strategies for Monitoring and Divesting Financial Interests in Chrysler and GM
This report addresses: steps Chrysler and GM have taken since December 2008 to reorganize; Treasury's oversight of its financial interest in the companies; and considerations for Treasury in monitoring and selling its equity in the companies.
About Bailout Watch:
Bailout Watch is the cooperative project of six core organizations: Center for Economic and Policy Research, Economic Policy Institute, OMB Watch, OpenTheGovernment.org, Project on Government Oversight (POGO), Taxpayers for Common Sense. The site is now maintained by OMB Watch as a repository for major reports on TARP and the economic bailout.
With additional support and participation by: Americans for Tax Reform, Association of Community Organizations for Reform Now (ACORN), Center for American Progress, Center for Community Change, Center for Responsible Lending, Columbia Journalism Review, Committee for a Responsible Federal Budget, Common Cause, Consumer Federation of America, Consumers Union, Fund for Constitutional Government, Good Jobs First, Institute for Policy Studies, Jobs with Justice, National Community Reinvestment Coalition, National Taxpayers Union, ProPublica, Public Citizen, Sunlight Foundation, US PIRG
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