Archive for June 26th, 2013

GM Is Still Government Motors


Wednesday June 26th, 2013   •   Posted by K. Lloyd Billingsley at 9:10am PST   •   5 Comments

In early June the government sold 30 million shares of GM, a move doubtless timed with GM’s return to the S&P 500 index, a position the auto giant lost in 2009 when it filed for bankruptcy reorganization. But as Business Week noted, as of April 30 the federal government still held 241.6 million GM...
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