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Tag Archives: U.S. Department of the Treasury
U.S. Taxpayers Get $13.5 Billion from GM IPO. Still Own 33%
The U.S. Department of the Treasury said today it received $1.8 billion in additional net payments from General Motors’ initial public offering (IPO), bringing overall net proceeds for taxpayers from the GM IPO to $13.5 billion. Continue reading
Posted in auto news, economy
Tagged auto informed, autoinformed, autoinformed.com, gm bailout, gm ipo, Ken Zino, tarp, taxpayer return on gm, U.S. Department of the Treasury, zino
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