Ally Financial Repays $4.5 Billion In Government Debt

Ally Financial has repaid $4.5 billion of debt owed to the government after it helped bail the company out during the 2008 banking industry meltdown.
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Aside from the assistance Ally received under the TLGP, the Detroit company also received a $17.2 billion government bailout. So far Ally has repaid $5.8 billion of that by selling off assets.