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After selling 200 million shares of General Motors stock back to the automaker in a deal announced today, the U.

S. Treasury Department will still own 300 million shares. The government plans to sell those shares in the marketplace “in an orderly fashion" within 12 to 15 months.

The $5.5 billion deal means the government has recovered $28.6 billion of its $49.5 billion GM bailout.



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Loan Turns To Gift As GM Bailout Losses Total $21 Billion And Counting

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