FINANCIAL

Treasury Announces GM Exit Strategy

12/19/2012 0

Washington — The Obama administration said Wednesday it will sell 200 million shares — or 40 percent of its remaining stake in General Motors Co. — back to the automaker and announced plans to completely […]

FINANCIAL

AmEx’s Chenault Said to Be Discussed for Treasury Post

12/18/2012 0

White House officials have approached American Express Co. (AXP) Chief Executive Officer Kenneth Chenault about joining President Barack Obama’s second-term administration, possibly as Treasury secretary, according to two people familiar with the matter. White House […]

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