Bloomberg News

Treasury Hires Citigroup, JPMorgan to Sell GM Stake

January 16, 2013

The U.S. Treasury Department chose Citigroup and JPMorgan Chase to manage the sale of shares in General Motors Co. (GM:US), as the government works to disentangle itself from the biggest U.S. automaker following the $50 billion bailout that began in 2009. Matt Miller reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Running Time: 01:26


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Companies Mentioned

  • GM
    (General Motors Co)
    • $33.38 USD
    • -0.56
    • -1.68%
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