05/16/2023
https://www.congress.gov...
"The difference is, that you're trying to capitalize what is now a much stronger company."
"You wiped out all of its equity, you caused its debt to have to take a haircut, and that's what helped put it back on firm footing."
"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?"