US: Administration eyes Detroit automaker stake sales
The Obama administration has said it was monitoring its investments in General Motors and Chrysler with an eye towards selling those stakes when possible.
The Obama administration has said it was monitoring its investments in General Motors and Chrysler with an eye towards selling those stakes when possible.
“The government will continue to monitor its investment in these companies with the goal of selling the government investments in these firms as soon as practicable and recouping the investment made by taxpayers in these companies,” the White House Office of Management and Budget said in its mid-year budget review, according to Reuters.
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