Publisher
United States: Department of the Treasury
Media Date
12-30-2010
Media Type
Document
Content Type
Press Release
Country/Region
United States
Language
English
Crisis
Global Financial Crisis (2007-2009)
Case Series
The Rescue of the U.S. Auto Industry
Intervention
Capital Injection -Specific Firms; Credit Line; Emergency Liquidity-Specific Firm
Additional Information
U.S. Department of the Treasury today announces that it is converting $5.5 billion of preferred stock in Ally Financial into common stock - a move designed to accelerate Treasury's ability to exit its investment in the company.
Recommended Citation
United States: Department of the Treasury, "Treasury Converts Nearly Half of Its Ally Preferred Shares to Common Stock" (2010). Documents. 1651.
https://elischolar.library.yale.edu/ypfs-documents/1651
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