The government is close to announcing its plans to end the bailout of American International Group (AIG), returning the company to independence and recovering taxpayer funds.
The Treasury is planning to begin converting its $49 billion preferred stak…
General Motors Co., which is 61% owned by the U.S. government, resumed making political donations after an 18 month break.
The company’s political action donated a total $48,000 to Republicans and Democrats, with contributions going to figures including Sen. Charles Schumer, D-NY, and Rep. Dave Camp, R-Midland, The Detroit News reported.
The political action committee stopped…
Continue reading GM Resumes Political Donations
GM Resumes Political Donations originally appeared on DailyFinance on Wed, 22 Sep 2010 07:39:00.
Filed Under: Company News, People, General Motors, Taxes, Autos
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