Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Wednesday, November 24, 2010

Taxpayers Get $11.7 Billion from GM IPO

The U.S. Department of the Treasury announced that with the delivery of $11.7 billion in proceeds from the initial public offering of General Motors (GM), the total amount of Troubled Asset Relief Program (TARP) funds returned to taxpayers now exceeds $250 billion.

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