GM : "Treasury should develop a concrete exit plan for GM and Ally," Christy Romero, special inspector general for the government's financial-crisis-era corporate bailout. [ full article here reuters.com/article/2012/07/10/us-autos-bailout-treasury-idUSBRE86913F20120710 / dated Tue Jul 10, 2012 2:07pm EDT ] A Treasury spokesman said it would "continue to balance exiting as soon practicable and maximizing value for taxpayers."
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timwest
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If we do get the Gov't out of GM stock, it would most likely create one of the best trades that we have seen since the bank bailouts in early 2009. I look forward to the day that the Gov't sells their shares. Also, AIG has the same problem as GM; A desperate, weak, stockholder that might sell at any time. But two of the cheapest stocks in the US are AIG and GM.