Government to shed GM stake, large taxpayer loss likely

Full story: USA Today
The plan the U.S. announced today to sell its remaining 500 million shares of General Motors virtually guarantees a substantial taxpayer loss on the $49.5 billion bailout. Full Story

Allentown, PA

#1 Dec 19, 2012
Just in time for GE div increase lol. That oblunder such a smart investor! Can i deduct that massive loss on my taxes?? Oh wait you can only put 3k a year losses in this but the gummit doesnt cap your gains at 3k what a joke!

“DC Police Complaint #T14002751”

Since: Nov 08

Swift Water,NY

#2 Dec 20, 2012
Obama's bailout of GM worked so well that SAIK,China Motorsnow now owns 30% of it!

Florham Park, NJ

#3 Dec 20, 2012
Buy high sell low, what a deal.

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