general motors bankruptcy
US Treasury Set to Sell Remaining General Motors Stock
The United States Treasury has initiated a plan to sell its remaining 300.1 million shares of General Motors stock, hoping to divest itself of its 19 percent stake within the next 12 to 15 months.
GM Headed for Bankruptcy Again: Forbes Op-Ed
Recently we reported that the auto bailout cost had increased to $25 billion, mostly due to General Motors‘ plummeting stock price. Things could, however, get worse for GM before they get any better – if they get any better.
