The U.S. Treasury under the Obama Administration has been part-owner of General Motors Co. for more than three years now. That association is not likely to end at any time in the foreseeable future, as the government is presenting no timetable for an exit. GM stock performing poorly Since its controversial Government-backed bankruptcy, the giant Read on! →


General Motors has announced that it will be buying a significant portion of shares back from the Treasury. As part of the auto bailout, GM had to turn over a number of preferred shares to the United States Treasury. Earlier this year, GM announced it was getting back to fiscal health, and the company was Read on! →