Elizabeth Warren on Your Bailout Investments

Auto- and home-loan company GMAC has received more than $17.2 billion in bailout money. And the Office of Management and Budget estimates that $6.3 billion of that amount may never be repaid, according to a report that the Congressional Oversight Panel released on Thursday. Congress created the panel in October 2008 to "review the current state of financial markets and the regulatory system," a role designed to oversee Treasury bailout recipients AIG (NYSE: AIG  ) , Citigroup (NYSE: C  ) , Goldman Sachs (NYSE: GS  ) , JPMorgan Chase (NYSE: JPM  ) , and Morgan Stanley (NYSE: MS  ) .  

In this 15-minute audio interview from this week's Motley Fool Money Radio Show, our Chris Hill talks with Congressional Oversight Panel Chairwoman Elizabeth Warren about the bailout, "too big to fail," consumer protection, and credit card shenanigans.   

Get more info on the show, subscribe through iTunes, and listen to previous shows at http://www.motleyfoolmoney.com/.

Neither Chris Hill nor Mac Greer owns any of the stocks discussed. The Fool has a disclosure policy .


Read/Post Comments (1) | Recommend This Article (9)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

DocumentId: 1134460, ~/Articles/ArticleHandler.aspx, 7/23/2014 11:20:51 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement