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Ally Financial Repays Treasury $5.9 Billion

Thursday, November 21, 2013 - 4:30 PMAlly Bank - Details
From The Detroit News
Ally Financial Inc. said Wednesday it repaid taxpayers another $5.93 billion from its government bailout and sold $1.3 billion in stock through a private placement as part of its capital plan approved last week

Ally has now repaid $12.3 billion of the $17.2 billion it received in three separate bailouts in 2008 and 2009.

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11
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Thursday, November 21, 2013 - 4:38 PM
Perhaps this good measure by Ally will be returned in kind by the FDIC with some easing of their punitive rate caps on Ally deposit rates.
10
ShorebreakShorebreak2,699 posts since
Apr 6, 2010
Rep Points: 14,632
2. Thursday, November 21, 2013 - 4:50 PM
Perhaps this good measure by Ally will be returned in kind by the FDIC with some easing of their punitive rate caps on Ally deposit rates.

It would be great; but I doubt it:-)

There's no good deed go unpunished.

5
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
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