Companies: Auto Companies
In mid-December of 2008, Treasury Secretary Hank Paulson stepped in to lend General Motors and Chrysler billions to prevent impending bankruptcy. Billions more have gone out to GM’s and Chrysler’s financing arms in order to help consumers buy cars.
4
Entities
$61.9B
Total disbursement to
Auto Companies
Auto Companies
$46.4B
Total returned
$3.09B
Total revenues
from dividends, interest, and other fees
$-12.4B
Total net to date
Name | Type | State | Profit / Net Outstanding |
Disbursed | Returned | Dividends + Interest |
Warrants | Other Proceeds |
---|---|---|---|---|---|---|---|---|
Chrysler | Auto Company | MI | -$1,212,849,005 | $10,748,284,222 | $7,256,590,642 | $1,171,263,942 | $0 | $1,107,580,633 |
GM Supplier Receivables, LLC | Auto Company (Parts Supplier) | DC | $65,403,673 | $290,000,000 | $290,000,000 | $65,403,673 | $0 | $0 |
Chrysler Receivables SPV LLC | Auto Company (Parts Supplier) | DC | $49,671,126 | $123,076,735 | $123,076,735 | $49,671,126 | $0 | $0 |
General Motors | Auto Company | MI | -$11,308,238,095 | $50,744,648,329 | $38,742,249,633 | $694,160,600 | $0 | $0 |