Are the Feds Rushing to Dump GM?

Strong new models like the Chevy Impala have boosted GM's image -- but the stigma of its 2009 bailout still lingers, and could come back to haunt GM soon. Photo credit: General Motors Co.

As part of the deal to repay its $49.5 billion bailout, General Motors gave the U.S. Treasury a lot of stock -- more than 500 million shares. The government has been selling its shares for several months now. Originally, it was expected to be done selling sometime next year -- but it looks as if the feds' selling plan is ahead of schedule.

GM's CEO, among others, is saying that the government could sell the last of its GM stock before the end of 2013. What's the deal? In this video, Fool contributor John Rosevear looks at the latest on the government's plan to sell off its shares -- and at the big problem GM could be facing once the U.S. Treasury is no longer a GM shareholder.

The GM bailout is just one contributor to America's massive debt
The U.S. government has piled on more than $10 trillion of new debt since 2000. Annual deficits topped $1 trillion after the financial crisis. Millions of Americans have asked: What the heck is going on? The Motley Fool's new free report "Everything You Need to Know About the National Debt" walks you through with step-by-step explanations about how the government spends your money, where it gets tax revenue from, the future of spending, and what a $16 trillion debt means for our future. Click here to read the full report!

The article Are the Feds Rushing to Dump GM? originally appeared on

Fool contributor John Rosevear owns shares of General Motors. You can connect with him on Twitter at @jrosevear. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.