Dec 19 Ally Financial Inc, the U.S. auto lender
74 percent owned by the U.S. government, on Wednesday said it
has repaid its remaining debt issued under a
financial-crisis-era program designed to bolster confidence in
the banking system.
The former auto lending arm of General Motors Co said
it paid back $4.5 billion in debt guaranteed by the Federal
Deposit Insurance Corp's Temporary Liquidity Guarantee Program.
It repaid another $2.9 billion in debt issued under the program
Ally continues to owe the government for a series of
bailouts under the Troubled Asset Relief Program. Of the $17
billion it received, it has paid back $5.8 billion, including