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Lessons Learned: Mara McNeill

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Abstract

Mara McNeill was senior counsel to the US Department of the Treasury on the Obama administration's Automotive Investment Financing Program (AIFP) during the Global Financial Crisis (GFC) of 2007-09. As senior counsel, McNeill was responsible for the department's $80 billon financing of General Motors, Chrysler, Ally Financial, and Chrysler Financial. She worked with the Auto Team Task Force, the Troubled Assets Relief Program (TARP) legal team, and the Department of Treasury. The bipartisan AIFP team was charged with overseeing the government's efforts to assist the companies toward a "new lease on life," while exercising strong financial principles to protect the government's debt and equity investments.

Suggested Citation

  • Lynch, Mary Anne, 2022. "Lessons Learned: Mara McNeill," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(1), pages 463-467, April.
    • Handle: RePEc:ysm:ypfsfc:412424
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1280&context=journal-of-financial-crises
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    Keywords

    Ally Financial; bankrupcty; Chrysler; debt-in-possession financing; government equity investment; General Motors; Global Financial Crisis; leadership; manufacturing; restructuring; TARP US Auto Taskforce; UAW;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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