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Ally Repays $2.9 Billion Of Government-Backed Debt

Thursday, November 1, 2012 - 6:04 AMAlly Bank - Details
From USA Today
Ally Financial announced Wednesday that it has repaid $2.9 billion of the debt it issued under a government program that backed hundreds of billions of dollars in U.S. bank debt during the financial crisis.
Ally said Wednesday that it plans to repay in December the remaining $4.5 billion guaranteed under the program, called the Temporary Liquidity Guarantee Program.

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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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