Document Type
Lessons Learned
JEL Codes
G01, G28
Abstract
Mara McNeill was senior counsel to the US Department of the Treasury on the Obama administration’s Automotive Investment Financing Program (AIFP) during the Global Financial Crisis (GFC) of 2007–09. As senior counsel, McNeill was responsible for the department’s $80 billon financing of General Motors, Chrysler, Ally Financial, and Chrysler Financial. She worked with the Auto Team Task Force, the Troubled Assets Relief Program (TARP) legal team, and the Department of Treasury. The bipartisan AIFP team was charged with overseeing the government’s efforts to assist the companies toward a “new lease on life,” while exercising strong financial principles to protect the government’s debt and equity investments.
Recommended Citation
Lynch, Mary Anne Chute
(2022)
"Lessons Learned: Mara McNeill,"
Journal of Financial Crises: Vol. 4
:
Iss. 1, 463-467.
Available at:
https://elischolar.library.yale.edu/journal-of-financial-crises/vol4/iss1/24
Date Revised
2022-04-08
Included in
Economic History Commons, Economic Policy Commons, Finance Commons, Finance and Financial Management Commons, Growth and Development Commons, Policy Design, Analysis, and Evaluation Commons, Public Administration Commons, Public Policy Commons