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The US lost $10 billion on the GM bailout. What do you think about that?
Treasury sells last shares in GM, posts a loss of $10 billion
Danielle Douglas DEC 9
The government will lose $10 billion on the deal, which kept the automaker from collapsing.
"The Treasury Department announced Monday the sale of its remaining shares in General Motors, closing the books on one of the most controversial government interventions of the financial crisis. The government will lose $10 billion on the deal, which kept the automaker from collapsing."eace
Treasury sells last shares in GM, posts a loss of $10 billion
Danielle Douglas DEC 9
The government will lose $10 billion on the deal, which kept the automaker from collapsing.
"The Treasury Department announced Monday the sale of its remaining shares in General Motors, closing the books on one of the most controversial government interventions of the financial crisis. The government will lose $10 billion on the deal, which kept the automaker from collapsing."eace