102k views
0 votes
In june 2009, when general motors went bankrupt, ______ became its majority stock holder.

User Mol
by
8.5k points

1 Answer

3 votes
when GM went bankrupt, the the U.S. government became it's majority shareholders.
In order to keep up with the operation, The U.S government obtained the ownership by injecting 500 million shares in 2010. But as per today, the U.S government already sold off all the ownership and resulted in 10 billion dollar lost for the taxpayers.
User Titulum
by
8.9k points