U.S. government says it lost $11.2 billion on GM bailout
April 30, 2014 at 11:00 AM EDT
WASHINGTON, April 30 (Reuters) - The U.S. government lost $11.2 billion on its bailout of General Motors Co, more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.
