Read More »"/> Read More »"/> December 20, 2012 | MyGovCost | Government Cost Calculator

Archive for December 20th, 2012

Taxpayers Lose Billions on GM Bailout


Thursday December 20th, 2012   •   Posted by Craig Eyermann at 5:15am PST   •   5 Comments

The U.S. Treasury just concluded the sale of 200 million shares of GM stock back to the company for $27.50 per share. The federal government had acquired the stock for roughly $54 per share back in 2009 when it intervened in GM’s impending bankruptcy. The federal government then has just lost 5.3 billion dollars…
Read More »

Facebook Twitter Youtube

Search MyGovCost