10/19/2021
https://www.congress.gov...
"Going from $21 billion to $3 billion doesn't look like it fixed itself and that it only started coming back once TALF was in place, a TARP program."
"Without GMAC, GM was unlikely to survive?"
"You left the equity intact, all of the debt continued to be repaid at 100 cents on the dollar; a far better deal to have been an investor in GMAC than to have been an investor in GM."
"I've always believed that people misunderstood TARP. We should not be dancing in the street because banks have repaid their TARP funds."