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The good news for shareholders is that General Motors shares are on a rise, gaining more than 25 percent in value so far this year – and closing at $37.43 on Wednesday.But that's not good enough for U.S. taxpayers who received 61 percent of GM's equity in exchange for a $50 billion bailout linked to the automaker’s 2009 bankruptcy. While the increase is likely to benefit the U.S. Treasury as it continues selling down its stake in the Detroit automaker, the latest report by a special federal watchdog cautions that GM shares would have to nearly triple – to $95.With this, developers can embed World drill rod technology in their own applications.51 a share – for the government to break even.we sell GM TECH2 bearings,crane bearings,construction bearings and agricultural bearings etc.With full complement cylindrical roller bearing bearings and quality rings to global success. 

“There’s no question that Treasury, the taxpayers, are going to lose money on the GM investment,” Special Inspector General Christy Romero told the Associated Press.GM received $49.5 billion to complete its restructuring, a bailout initiated by former President George W. Bush in 2008 and completed by his successor,Our goal is for our BT40 to embrace and comply with the same socially important values. Barack Obama, in 2009 as the carmaker exited a managed bankruptcy. The White House also approved a bailout for GM’s crosstown rival, Chrysler, but only after Italian automaker Fiat stepped in and effectively assumed control. 

The White House has said repeatedly that it has no interest in being in the car business. And it began selling down its stake in November 2010 when GM staged its initial public offering. Priced at $33 a share, it reduced the Treasury’s stake to 33 percent. Late last year, the government announced plans to sell off the remaining stock by April 2014. That followed heavy pressure on the Obama Administration during the 2012 presidential campaign during which Republican candidate Mitt Romney said he would sell off the remaining stock immediately. Ironically, that would have been at a low point when GM was trading at barely $18 a share and such a move might have pushed losses on the sale to nearly $20 billion.In recent months, as GM stock has rebounded, pushing part the November 2010 IPO price,We are specialized in x431 bearings slew drive and other medium and large size bearing. the Treasury has accelerated its sell-off.