Position:Home>Property News> IPO general assistance payment to help recover the bad assets of U.S. $ 250,00
IPO general assistance payment to help recover the bad assets of U.S. $ 250,00
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According to foreign reports, November 23 reported that the U.S. Treasury Department updated the Troubled Asset Relief Program TARP (Troubled Asset Relief Program) funds to recover the situation. The Treasury said the initial public offering general delivery (IPO) of the income, the U.S. taxpayer to bail out Wall Street investment funds have been recovered more than 2,500 billion U.S. dollars, to reach 2,520 billion U.S. dollars. U.S. Treasury Assistant Secretary Tim Massad, said in a statement, for the recovery of non-performing assets, U.S. Treasury Department General Assistance for IPO success of the project milestone. General IPO market last week, the Treasury agreed to sell 358.5 million shares held by GM common stock. 2009, a total of U.S. Treasury general funds invested 49.5 billion U.S. dollars, to help set it out of bankruptcy proceedings. In addition the U.S. Treasury announced Initial public offering by General Motors (IPO) to obtain 11.7 billion net income.