The US government has sold the last of its shares in automotive giant General Motors, losing $10.5bn on the bailout. The government received 912m GM shares, or a 60.8pc stake, in exchange for a $49.5bn bailout during the financial crisis in 2008 and 2009.
US Sells Remaining GM Shares as Chapter of Bailout Ends
GM Bailout Ends as US Sells Last of 'Government Motors'
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