Business

U.S. Lost $11.2 Billion in GM Bailout, TARP Report Says

(Bloomberg) — The U.S. Treasury’s bailout fund lost $11.2 billion on the rescue of General Motors Co. (GM) with the government’s exit of the largest U.S. automaker, a report said. The total includes $826 million that the Treasury wrote off in March for its remaining claim in Read More

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