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General Motors 3 TC

GM races to placate shareholders

WASHINGTON D.C. | March 18, 2015 | By  Pablo PardoOn December 19, 2008, George W. Bush announced that the US would allocate $13.4 billion to rescue General Motors. Between April 22 and June 1, 2009, Barack Obama provided the company with $36.1. In the end, the state ended up with a 61% of the stake of what is still the second largest car manufacturer in the world.