Government sold almost $500 million in GM stock last month says new report
Tue, 12 Mar 2013 10:22:54 GMT —
The U.S. government has sold another chunk of its stake in General Motors Co.
The Treasury Department says in its February report to Congress that it sold $489.9 million worth of GM common stock last month.
The report dated Monday says the government has recovered about $29.8 billion of its $49.5 billion bailout of the Detroit automaker.