$9.7 BGM Shares has Been Reportedly Lost

The news has come up that US treasury has now announced the loss of $9.7 against the bailout o the general motors. Looking at the loss which the company had to face, it seems that it would be pretty much difficult for them to receive it. The report made from the Detroit News states that according to the annual report made out by General of the Troubled Asset Relief Program to Congress, the news of the loss has been proved true.

How the loss actually happened?

The news states that shares up and downs have now victimized the US treasury. In 2009 The Company has badly faced the loss of 912 million shares for which it is still trying to receive and pay off the government. In total, the company had to look for nearly 60.8 percent of the company shares. However, the numbers seems to have fallen considerably but not recovered.

Though the GM stock is currently on rise, it seems that the deadline set by the government to pay off the previous fall has been becoming a great burden for the company.

Research on US Treasury

The profit of about $7 billion has been made

The expected rise of $7 billion number is positive

The loss has been reduced

46 per share have been recovered so far

It seems that though the shares m=of US treasury are going well currently, but it seems, it is going to be pretty much difficult for the m to pat off the amount.

Looking at the increasing loss, it is expected for the tax payers to bare the loss of around $10 billion. So hope for the US treasury to recover from the loss of GM shares sooner and get back on the full swing.

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