Should The Treasury Cut Their Losses And Rid Of GM Stock?

General Motors Co. says it is "anybody's guess" when the Obama administration will sell its remaining 500 million shares of stock in the Detroit automaker as part of its $49.5 billion bailout.

In a blog post Wednesday, GM spokesman Selim Bingol said the Detroit automaker has no idea when the government might exit.

"The day will eventually come when the Treasury sells its GM stake. When is anybody's guess (we have no say in the matter)," Bingol wrote.