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US government confirms plans to exit GM by year’s end


The U.S. government said yesterday it expected to sell its remaining shares of General Motors Co by the end of the year, a plan that may leave taxpayers with a loss of about $10 billion on the automaker's 2009 bailout. The Treasury Department's intention to sell the last remnant of its GM stake highlights a remarkable recovery staged by the U.S. ...
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More us Treasury articles

US Treasury Continues to Sell GM Shares, Exit Draws Closer
The US Treasury announced that it will continue selling GM's shares implementing a third pre-defined written trading plan. The US Treasury had 101.3 million GM shares at the end of the ...
US Treasury Close to Put an End to GM Ownership
The US Treasury is months away from selling the rest of 7.3% stake in GM and ending the ownership of the automaker. The government revealed in a report published this week ...
US Treasury Has to Sell GM Stake at $95.51 Per Share to Break Even on the Bailout
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US Treasury Sells $2 Billion GM Stock in June
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US Treasury Recovered $3.2B From GM Stock Sale
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GM Might Buy Back More Shares From the US Treasury
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