Economics

US Sells Last Shares in General Motors, Exits Historic Rescue

US Sells Last Shares in General Motors, Exits Historic Rescue

US sells last shares in GM, exits historic rescue (via AFP)

The US Treasury sold its last shares in General Motors on Monday, ending the dramatic rescue of the auto giant at the height of the financial crisis five years ago. The Treasury took a loss of more that $10 billion on the $49.5 billion bailout, but…

Like Us On Facebook - For Business And General News: ValueWalk - For Tech And Science News: ValueWalk Tech - For Tech Insights, Technical Questions and Queries: Follow Our COO, Sheeraz Raza.