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Showing results for tags 'U.S. Treasury'.
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William Maley Staff Writer - CheersandGears.com October 30, 2013 The U.S. Treasury's sell off of General Motors stock isn't faring so well. According to a new report from The Detroit News, the U.S. Treasury has reported a $9.7 billion loss on the $49.5 billion bailout of GM back in 2009. This fig... -
U.S. Treasury Reports A $9.7 Billion Loss On GM's Bailout
William Maley posted an article in Automotive Industry
William Maley Staff Writer - CheersandGears.com October 30, 2013 The U.S. Treasury's sell off of General Motors stock isn't faring so well. According to a new report from The Detroit News, the U.S. Treasury has reported a $9.7 billion loss on the $49.5 billion bailout of GM back in 2009. This fig... -
William Maley Staff Writer - CheersandGears.com December 9, 2013 'Government Motors' is no more. Today, the U.S. Treasury sold its remaining shares of General Motors, ending a four-year ownership of the automaker. The Treasury says it recouped $39 billion of its original $49.5 billion investment... -
William Maley Staff Writer - CheersandGears.com December 9, 2013 'Government Motors' is no more. Today, the U.S. Treasury sold its remaining shares of General Motors, ending a four-year ownership of the automaker. The Treasury says it recouped $39 billion of its original $49.5 billion investment...
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William Maley Staff Writer - CheersandGears.com June 5, 2013 The U.S. Treasury said today it plans to sell an additional 30 million shares of General Motors stock (about 12 percent) in anticipation of GM's return to the S&P 500 on Thursaday. In addition, the UAW Retiree Medical Benefits Trust ann... -
By William Maley Staff Writer - CheersandGears.com February 26, 2013 The U.S. Treasury has began to sell off its remaining shares in General Motors, with a goal of selling it all by next March. Currently the U.S. Treasury owns more than 300 million shares in the auto maker, or about a 19% stake.... -
William Maley Staff Writer - CheersandGears.com December 19, 2012 General Motors announced today that they will be buying back 200 million shares of stock from the U.S. Treasury. The buyback will cost GM about $27.50 per share - about $5.5 billion in total. GM says the $27.50 share price represe...
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William Maley Staff Writer - CheersandGears.com December 19, 2012 General Motors announced today that they will be buying back 200 million shares of stock from the U.S. Treasury. The buyback will cost GM about $27.50 per share - about $5.5 billion in total. GM says the $27.50 share price represe...
