Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

General Motors, Preparing for IPO, Resumes Donations

General Motors Co., which is making plans to sell its stock to the public, has made its first campaign contributions since 2008, Federal Election Commission reports show.

Detroit-based GM, 61 percent owned by the U.S. Treasury, resumed donations through its political action committee, according to the company’s August FEC report, and has given $91,500 to candidates of both political parties. The PAC contributed $710,008 for the 2008 elections.

“Emerging as a new company, we are participating in the political process,” said Greg Martin, a GM spokesman. “We will not sit on the sidelines while our competitors in other industries have their voices heard.”

Among those receiving GM contributions were Representative Eric Cantor of Virginia, the No. 2 House Republican, and the leadership PAC of House Majority Leader Steny Hoyer, a Maryland Democrat.

GM emerged from bankruptcy in July 2009 and received a $50 billion taxpayer bailout. The company is seeking to raise as much as $16 billion through its initial public offering.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.