Treasury sells rest of GM stock, ends bailout with $10.5-billion loss – Los Angeles Times
Los Angeles Times |
Treasury sells rest of GM stock, ends bailout with $ 10.5-billion loss
Los Angeles Times WASHINGTON — The federal government on Monday sold its remaining shares of General Motors Co. stock, ending the controversial $ 49.5-billion bailout of the automaker with an approximately $ 10.5-billion loss for taxpayers. "This marks one of the final … Government sells remaining stake in GM Taxpayers Don't Have Government Motors To Kick Around Any More UPDATE 2-US exits GM stake, taxpayers lose $ 10 billion |
