SIGTARP offers expanded look into how firms spent aid

12/11/2009 | CNNMoney

A report from the special inspector general for the Troubled Asset Relief Program shows how six companies spent funds they received. For example, Lincoln National invested more than $600 million of the $950 million it received in mortgage-backed securities and corporate bonds. The company will use the remaining funds for other investment. The report includes information about The Hartford Financial Service Group, General Motors, GMAC Financial Services, Chrysler Group and Chrysler Financial Services Americas.

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