Government Bailout of General Motors

Witnesses testified on the federal government bailout of General Motors. During the hearing Republican members accused Ron Bloom of… read more

Witnesses testified on the federal government bailout of General Motors. During the hearing Republican members accused Ron Bloom of getting too involved in General Motors' structured bankruptcy and questioned the government’s role in the matter of pensions for Delphi auto parts workers, a GM spin-off company. The federal government recouped about half of the $80 billion dollars devoted to saving the U.S. auto industry. Mr. Bloom acknowledged that the government did not expect to recover all of that money. He suggested however, that financial losses from total failure of GM and Chrysler would have been much greater than any amount taxpayers might lose as a result of the bailout. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Ron Bloom Assistant White House->Manufacturing
  • Bruce Gump Chairman Delphi Salaried Employees Association
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Government Bailout of General Motors

750 Views
Program ID:
300174-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jun 22, 2011
Last Aired:
Aug 11, 2011

Airing Details

  • Jun 22, 2011 | 7:02pm EDT | C-SPAN 3
  • Jun 22, 2011 | 8:58pm EDT | C-SPAN 3
  • Jun 23, 2011 | 1:52am EDT | C-SPAN 3
  • Jun 23, 2011 | 3:48am EDT | C-SPAN 3
  • Jun 23, 2011 | 7:24am EDT | C-SPAN 2
  • Jun 23, 2011 | 9:20am EDT | C-SPAN 2
  • Jun 24, 2011 | 3:45am EDT | C-SPAN 2
  • Jun 26, 2011 | 3:33am EDT | C-SPAN 1
  • Aug 11, 2011 | 2:49pm EDT | C-SPAN 3
  • Aug 11, 2011 | 3:13pm EDT | C-SPAN 3
  • Aug 11, 2011 | 4:46pm EDT | C-SPAN 3
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