|
|
|
|
“Exposing & Combating Liberal Media Bias”
|
|
|
|
|
|
|
|
Mike DowGMAC Continues Sponsorship of Bowl Game Despite $5 Billion Taxpayer BailoutGMAC may be in financial trouble, but that isn't stopping the auto lender-turned-bank holding company from maintaining its corporate sponsorships. The question is - will anyone notice? In October, GMAC (NYSE:GKM) changed its legal status so that it would be eligible for TARP funds passed by Congress. Late last month, GMAC was approved to receive a $5 billion lifeline from the U.S. government. However, the company is still maintaining its sponsorship of a collegiate bowl game set for Jan. 6 in Mobile, Ala. "There's about 34 bowl games, 30 of which are sponsored in one way or the other," Fox Business Network's Jenna Lee said Jan. 2 on the Fox News Channel's "Happening Now." "The lower-level, the mid-level games pull in about six figures to have your name attached to one of the games - that's the estimate. And the big games, let's say the Rose Bowl for example, or the Sugar Bowl, or the Orange Bowl - those figures go upwards of $5 to $6 million for some sort of sponsorship." |
|
|
[ Home | Blogs |
Forum |
About |
Contact
]
| |
Recent Comments
1 min 24 sec ago
6 min 34 sec ago
10 min 12 sec ago
11 min 56 sec ago
15 min 7 sec ago
16 min 35 sec ago
17 min 9 sec ago
18 min 49 sec ago
18 min 54 sec ago
20 min 40 sec ago