The US Treasury Department is unwilling to sell the government's stake in General Motors Co because a sale now would mean huge investment losses, the Wall Street Journal reported on Monday, citing people close to the matter.
Showing posts with label US Treasury Department. Show all posts
Showing posts with label US Treasury Department. Show all posts
September 19, 2012
March 10, 2012
EDF Energy agrees to pay a £4.5m 'fine'
Energy supplier EDF has agreed to pay a package worth £4.5m - including £3.5m to customers - after an Ofgem investigation into how it tried to make sales to customers.
August 26, 2011
JP Morgan pays $88.5m to settle sanction violations
JP Morgan Chase has agreed with the US Treasury Department to pay $88.3m (£54.2m) to avoid liability for "apparent violations" of sanctions against Cuba, Sudan, Liberia and Iran.
The Treasury said such violations, which took place between March 2005 and March 2011, were "egregious".
The Treasury said such violations, which took place between March 2005 and March 2011, were "egregious".
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