Wednesday, December 11, 2013

Treasury sells rest of GM stock, ends bailout with $10.5-billion loss - latimes.com

Treasury sells rest of GM stock, ends bailout with $10.5-billion loss

"Earlier Monday, the Center for Automotive Research, a Michigan think tank, estimated the goverment would lose $13.7 billion on the GM and Chrysler bailouts. But the center said the rescues provided a net economic gain for the country and saved about 2.6 million jobs."

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