Nightly News   |  December 09, 2013

US sells remaining shares of General Motors

More than four years after the emergency rescue of the American auto industry, the federal government sold its remaining stake in General Motors stock. NBC’s Brian Williams reports.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> tonight the federal government has sold its last remaining shares of general motors , nearly five years after the emergency rescue of of the american auto industry when the bottom fell out of the economy and gm received almost $50 billion, an influx in cash to stay afloat. in total american taxpayers lost about $10 billion on the bailout.