Taxpayers Receive Additional $1.8 Billion in Proceeds from GM IPO

Author/Creator

U. S. Department of the Treasury

Publisher

United States: Department of the Treasury

Media Date

12-2-2010

Media Type

Document

Content Type

Press Release

Country/Region

United States

Language

English

Crisis

Global Financial Crisis (2007-2009)

Case Series

The Rescue of the U.S. Auto Industry

Intervention

Capital Injection -Specific Firms; Credit Line; Emergency Liquidity-Specific Firm

Additional Information

U.S. Department of the Treasury announces that it today received $1.8 billion in additional net proceeds from General Motors' (GM) initial public offering (IPO), bringing overall net proceeds for taxpayers from the GM IPO to $13.5 billion.

Recommended Citation

U. S. Department of the Treasury, "Taxpayers Receive Additional $1.8 Billion in Proceeds from GM IPO" (2010). Documents. 1646.
https://elischolar.library.yale.edu/ypfs-documents/1646