The Shocker of the Decade - Bailout of GM Not a Good Investment for US Treasury
Yes, you read that right folks, the federal governments bailout of GM through a massive purchase of stock may not have been such a great investment after all. In fact, the treasury may have lost as much as $10 Billion on the deal. But please folks, I implore you, give these poor public servants a break. No one could have predicted that a government action could have gone so wrong.
Posted by Daniel