The Treasury received $489900000 from gm's stock sales in February, it said in its monthly report to congress on the troubled asset relief program (TARP).
Pumping $5 billion troubled asset relief program, the gm and $1.7 billion in financial Allies, former gm lending institutions, to save them from collapse, in 2007-2009 financial crisis.
Library services department has already recovered around $2.98 billion, its investment in general motors, by reimbursement, selling shares, dividends, interest and other income, it said in a report.
In December, gm bought 2 million shares in the company itself from the ministry of finance. Library services department GM, and plans to sell 3 million shares in 15 months.
 



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