U.S. Sells Off Last of Its General Motors Stock

09 Dec 2013 20:09 #1 by Blazer Bob
, at $10.5 Billion Loss
Brian Doherty|Dec. 9, 2013 5:27 pm

For one of the few times in its macro economic policy thought and action, the federal government relies on a subtle analysis of "things not seen" to defend its apparent $10.5 billion loss on the General Motors bailout as a success, via USA Today:



U.S. taxpayers no longer own any of automaker General Motors. The Treasury sold the last of its remaining 31.1 million GM shares today"...

http://reason.com/blog/2013/12/09/us-se ... ral-motors

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