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(Image from article: "GM IPO to be open to "all" investors: Treasury")

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Government prepares to sell General Motors stock

The U.S. government's short stint in the auto business is coming to an end. The Treasury Department said Wednesday that it will sell its remaining stake in General Motors by early 2014, writing the final chapter of a $50 billion bailout that saved the auto giant but stoked a heated national debate about the government's role in private industry.

 

GM IPO to be open to "all" investors: Treasury

GM IPO to be open to

The upcoming initial public offering of General Motors Co will be open to the widest possible range of investors, including both overseas funds and U.S. retail buyers, the U.S. Treasury said on Friday.

 

Treasury Said to Plan Second Bailout for GMAC

The former financing arm of General Motors will receive $7.5 billion, which would bring its total federal assistance to more than $12 billion.

 

GM receives further $2bn in loans

General Motors (GM) has received another $2bn (£1.4bn) in loans from the US Treasury, it has been announced.

 

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