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GM's IPO Huge Success, Despite GOP Predictions of Disaster

Thu, Nov 18, 2010 at 11:34 am PST

General Motors went on the public market today, with one of the largest IPOs in US history, and from all accounts it was a monster success. GM is well on track to a full recovery; they've returned billions of dollars in bailout money to the federal government, and it looks like ...

Auto Industry, General Motors, Bailout, Economy, Republican Party

GM is Buying Back All Preferred Stock from the Treasury Dept.

Thu, Oct 28, 2010 at 11:14 am PDT

Some really good news for a change, from the US automobile industry: Washington - General Motors Co will announce this afternoon that it is buying back all of the Treasury Department's $2.1 billion in preferred stock, people briefed on the matter said. The move is another step by the Detroit automaker ...

Auto Industry, General Motors, Bailout, Economy