DETROIT (WKZO) -- The federal government is planning to sell its remaining shares of General Motors by the end of this year. However, the plan may leave taxpayers with a total shortfall of about ten-billion dollars on the automaker's 2009 bailout.
As of Thursday, the government claims to have regained 38.4-billion dollars of the 49.5-billion dollar investment. At current prices, Treasury would recoup another 1.2-billion dollars from its remaining stake. That would bring the total recovery to 39.6-billion.