According to a report from CNBC, the US government has sold off the last of its remaining shares in General Motors. Secretary Jack Lew reports that $39 billion of the $49.5 billion investment in GM has been recovered, meaning that the investment, on paper, cost taxpayers a total of $10 billion. GM CEO Dan Akerson said in a statement, which you can read in full down below, "We will always be grateful for the second chance extended to us and we are doing our best to make the most of it. ...
Autoblog , US government sells off last remaining shares in GM, US government sells off last remaining shares in GM
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