Re:Intel might be too big to fail
by coredog64 on Sunday November 03, 2024 @12:32PM
(#42034510)
> On December 19, 2014, the U.S. Treasury sold its remaining holdings of Ally Financial, essentially ending the program. Through the Treasury, the US Government actually booked $15.3 billion in profit, as it earned $441.7 billion on the $426.4 billion invested.
There was a second Treasury program where they forced all the banks to participate so that there wouldn’t be a negative stigma attached to the banks that actually needed the assistance.
There was a second Treasury program where they forced all the banks to participate so that there wouldn’t be a negative stigma attached to the banks that actually needed the assistance.