Gov’t Looking to Sell its GM Stock — A Potential Loss of Over $11 Billion | The Blaze

Gov’t Looking to Sell its GM Stock — A Potential Loss of Over $11 Billion | The Blaze: "The U.S. government is currently biggest owner of General Motors stock. It was a condition of that company’s bailout in 2009. So when you hear that the government is looking at selling off all its stock, that may seem like a good thing. Until you read what the Wall Street Journal put out today. Mainly, that GM stock is currently at about $30 and in order for the government to break even it needs to sell its shares at about $53"