-
Recent Posts
- Canada and U.S to Co-Host Global Vehicle Safety Conference
- April 2026 Light Vehicle Production Forecast Drops Globally!
- First Look – Mercedes-Benz 2027 C‑Class EV
- IMSA and IndyCar – Acura Wins 2026 Long Beach Grand Prix!
- IMSA Street Fight – 2026 Acura Grand Prix of Long Beach
- Mustang GTD Runs Record Nordschleife Lap at 6m 40.835s
- Honda Fastport eQuad Vehicles Link to Bird and Spin
- Bosch Group Plans Sales, EBIT Growth after a So-So 2025
- Stellantis Q1 2026 Shipments Up 12% at 1.4 Million
- Light-Duty Fuel Cell Trucks – Isuzu, Toyota Collaboration!
- Airbag Malware – Honda Recalls ~440,000 Odyssey Vans
- Trumped – Used Car Prices Spike after Hitting 12-Month Low
- Nissan in Survival Mode Sheds Models for Next Gen Products
- IONNA Partners with Circle K on EV Charging
- IndyCar Makes Single Car Qualifying Permanent with Tweaks
Recent Comments
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
Archives
Meta
Tag Archives: Troubled Asset Relief Program
CBO – Taxpayer Cost is $31B for Troubled Asset Relief Program
To AutoInformed’s knowledge not one person at the firms responsible has been successfully prosecuted for what was rampant financial fraud that caused the housing and stock markets to collapse as the ratings agencies paid by the swindlers continued to claim the complex financial instruments issued were investment grade when they were indeed junk. Junk bonds – never has a financial instrument so honestly been named. Continue reading
Treasury Makes $245 Million in Added Profits from TARP
TARP’s bank programs have already earned a significant profit for taxpayers. Including the expected proceeds from today’s transaction, Treasury has now recovered $264 billion from TARP’s bank programs through repayments, dividends, interest, and other income – compared to the $245 billion initially invested. Continue reading
U.S. Treasury to Sell $2.7 Billion of Ally Preferred Securities
As part of this corporate welfare program, Treasury invested a total of $17.2 billion in a failing Ally. This was the result of what critics called reckless lending practices in the home mortgage markets, which caused huge Ally losses when the housing bubble burst in 2009. Continue reading
Troubled Asset Relief Program Report – Same Villains
Lawmakers created the TARP in 2008 to stabilize the roiling financial markets. Given what appears to be universal Republican intransigence on guaranteeing US Treasury repayment of the huge amount of debt piled up considerably during the Trump Administration, and the ongoing Republican folly of tax-cuts for the wealthy and other forms of corporate welfare, it appears that the US is once again headed for a crash in the financial markets, a recession and perhaps a resulting global depression. If another bailout is needed to provide stability in financial markets by purchasing and guaranteeing “troubled assets,” let’s hope we learn from the past and awaken to the idea that bailed out banks and financial institutions will have to give taxpayers equity in the institutions commensurate with the amount of money given them. Continue reading →