Description

Book Synopsis
While it remains too early to tell whether Treasury''s intervention in and reshaping of the U.S. automotive industry will prove to be a success, there can be no question that the government''s ambitious actions have had a major impact and appear to be on a promising course. Even so, the companies that received automotive bailout funds continue to face uncertain futures, taxpayers remain at financial risk, concerns remain about the transparency and accountability of Treasury''s efforts, and moral hazard lingers as a long-run threat to the automotive industry and the broader economy. This book examines the impact and implications of TARP on the U.S. automotive industry.

TARP on the U.S. Automotive Industry: Impact &

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    A Hardback by Samantha E Walcott, Jason A Capaldi

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      View other formats and editions of TARP on the U.S. Automotive Industry: Impact & by Samantha E Walcott

      Publisher: Nova Science Publishers Inc
      Publication Date: Publication Date: 23/01/2012
      ISBN13: 9781613243633, 978-1613243633
      ISBN10: 1613243634

      Description

      Book Synopsis
      While it remains too early to tell whether Treasury''s intervention in and reshaping of the U.S. automotive industry will prove to be a success, there can be no question that the government''s ambitious actions have had a major impact and appear to be on a promising course. Even so, the companies that received automotive bailout funds continue to face uncertain futures, taxpayers remain at financial risk, concerns remain about the transparency and accountability of Treasury''s efforts, and moral hazard lingers as a long-run threat to the automotive industry and the broader economy. This book examines the impact and implications of TARP on the U.S. automotive industry.

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