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Feds Refuse to Sell Their Shares of GM

September 18 2012 at 6:26 AM
Anonymous 

"General Motors Co. executives want the Treasury Department to sell its almost 27 percent stake in the company because, they say, the feds are hurting their image and government pay restrictions are chasing away top talent."

"But Treasury officials arent interested in selling because it would mean posting a multibillion dollar loss during an election year, the Wall Street Journal reports."

http://www.theblaze.com/stories/feds-refuse-to-sell-their-shares-of-gm-and-the-why-is-quite-interesting/

 

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