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$2.1B Archive
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U.S. receives $2.1B in GM preferred buyback
Posted on December 16, 2010 | No CommentsWASHINGTON (Reuters) – General Motors Co has bought back the government’s holdings of GM preferred stock issued in the automaker’s bailout for .1 billion, the U.S. Treasury Department said on Wednesday. msnbc.com: Autos -
GM to repay $2.1B of government’s investment
Posted on October 29, 2010 | No CommentsGM will pay back .1 billion of the funds that taxpayers invested in the company. That brings the total it has repaid to .5 billion out of the nearly billion the government loaned to and invested in the company. msnbc.com: Autos