AIFP

E383984

AIFP is a U.S. government initiative created during the 2008–2009 financial crisis to provide emergency financial support to struggling automotive manufacturers and related companies.

All labels observed (1)

Label Occurrences
AIFP canonical 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf U.S. government financial assistance program
economic stabilization initiative
administeredBy Office of Financial Stability (historical)
surface form: Office of Financial Stability
aimedAt preventing systemic risk from auto industry collapse
beneficiary Chrysler
Chrysler Financial
GMAT
surface form: GMAC

General Motors
beneficiaryType automotive finance companies
automotive manufacturers
benefitType emergency financial assistance
country United States of America
surface form: United States
createdDuring 2008–2009 financial crisis
designedTo facilitate orderly restructuring of automakers
protect taxpayers’ interests in auto assistance
economicContext 2008 United States housing and financial crisis
surface form: Great Recession
fullName Automotive Industry Financing Program
fundingSource Troubled Asset Relief Program funds
governmentBranch executive branch of the United States
implementedBy United States government
surface form: U.S. federal government
implementedInResponseTo collapse in auto sales during the Great Recession
industryFocus U.S. automotive manufacturing
automotive financing
legalBasis Emergency Economic Stabilization Act of 2008
operatedBy United States Department of the Treasury
surface form: U.S. Department of the Treasury
oversightBy Congressional Oversight Panel
Special Inspector General for the Troubled Asset Relief Program
partOf Troubled Asset Relief Program
policyGoal maintain financial market stability
support the restructuring of U.S. automakers
policyType crisis-response program
programScope national
purpose prevent disorderly bankruptcies of major automakers
protect U.S. jobs in the auto sector
provide emergency financial support to automotive manufacturers
stabilize the U.S. automotive industry
relatedTo Chrysler bankruptcy restructuring
General Motors bankruptcy restructuring
U.S. auto industry bailout
riskTypeAddressed systemic economic risk
sector automotive industry
startTime 2008
target systemically important U.S. auto companies
typeOfSupport capital injections
loan guarantees
loans

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.