REPORT: General Motor still on track for 2010 IPO
Filed under: Government/Legal , GM , Earnings/Financials While defending the government bailout of America’s auto industry, Herb Allison (above), the Treasury Department’s assistant secretary for financial stability, said that a General Motors initial public offering is still a go for next year. While Allison still believes it was essential to safeguard the security of our financial system, he claims that the deal to bail out the auto industry has always been seen as a…
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Topics: report, image, financial, gm bankruptcy, herbertallison