Publisher
United States: Department of the Treasury
Media Date
12-19-2008
Media Type
Document
Content Type
Decision/Determination/Ruling/Opinion/Order - Nonjudicial
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; Emergency Liquidity-Specific Firm; Non-bank Restructuring; Not Applicable
Additional Information
Official determination that "thrift and other holding companies engaged in the manufacturing of automotive vehicles and the provision of credit and financing in connection with the manufacturing and purchase of such vehicles are "financial institutions" for purposes of section 3(5) of the Act [containing TARP] as they are "institution[s]" established and regulated under the laws of the United States and have significant operations in the United States."
Recommended Citation
Paulson, Henry M. Jr., "Official Determination by Secretary of Treasury Paulson" (2008). Documents. 8660.
https://elischolar.library.yale.edu/ypfs-documents/8660