GM Lightens Taxpayers Shareholding
General Motors Co. (NYSE: GM) announced this morning that it will purchase 200 million shares of its stock currently held by the U.S. Treasury for a total of $5.5 billion, ...Read Full Story »
Posts related to ‘GM bailout’
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What’s Important in the Financial World (3/5/2012) China Economy Slows, Apple iPad 3 Prices
AIG (NYSE: AIG) continues to try to pay back the $182 billion bailout that it received from the federal government, which means from the taxpayers. It announced another stage in the ...Read Full Story »
GM Buys AmeriCredit, Taking $11.40 From Every American (ACF)
General Motors must think that doing big deals after taxpayer bailouts does not apply to it in the new normal. Will buying a finance company really help it meet ...Read Full Story »
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