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 WS ATKINS ( 2010-03-19)
Company
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Change
WS ATKINS ( 12:36pm )
ATK.L
625.54
+3.04 ( 0.49 %)

 Latest News on WS ATKINS
Watchdog: GMAC bailout could cost taxpayers $6.3B (AP)

A Chevrolet Volt extended-range electric vehicle sits at an event in Michigan in 2009. GMAC, the troubled former finance arm of General Motors, has been stabilized since the latest government bailout, a special US adviser told a congressional panel Thursday.(AFP/Getty Images/File/Bill Pugliano)AP - The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable mdash; a decision that could cost taxpayers $6.3 billion, a new watchdog report says.




[ Published on : Thu, 11 Mar 2010 09:51 ]



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