Treasury sold $489.9M of GM common stock in February

theflyonthewall.com

The Treasury said yesterday in its monthly TARP report to Congress that in February, it received total net proceeds of approximately $489.9M from the sales of General Motors common stock. To date, Treasury said it has recovered approximately $29.8B of its investment in GM through repayments, sales of stock, dividends, interest, and other income.

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