Treasury | Detroit Informer

Tag Archive | "Treasury"

Treasury files sales plan for remaining GM stock

Posted on 18 January 2013. Tags: files, plan, remaining, sales, stock, Treasury

The U.S. Department of Treasury Friday moved closer to completely exiting General Motors Co. The Treasury, which plans to sell its last 300.1 million share of GM by March 2014, announced officials have filed a written trading plan for remaining 19 percent stake in the Detroit-based automaker. Full News here – Detroit Business News

Read the full story

Posted in Local NewsComments (0)

Report: U.S. Treasury ups expected bailout losses to $25 billion

Posted on 14 August 2012. Tags: bailout, billion, expected, losses, report, Treasury, U.S.

The government still owns 500 million shares of the automaker as part of the 2009 auto bailout, which forced both automakers into government-backed bankruptcies. Full News here – Detroit Business News

Read the full story

Posted in Local NewsComments (0)

U.S. Treasury funds to go in part toward bailing out predatory Detroit auto loans

Posted on 06 August 2012. Tags: Auto, bailing, Detroit, funds, loans, part, predatory, toward, Treasury, U.S.

The U.S. Treasury Department is giving two Detroit financing organizations about $ 2.4 million in grants, through its Community Development Financial Institutions Fund. Full News here – Detroit Business News

Read the full story

Posted in Local NewsComments (0)

Send Amazon a tax bill! Michigan Retailers Association make plea to state Treasury

Posted on 17 July 2012. Tags: Amazon, Association, bill, Michigan, plea, retailers, Send, state, Treasury

A state treasury report estimates Michigan will lose out on $ 242 million in uncollected sales tax revenue from e-commerce sales in fiscal year 2013. Full News here – Detroit Business News

Read the full story

Posted in Local NewsComments (0)