“I would not accept the premise that this was a bad deal. Net-net, it was a positive for the US economy,” Akerson said at the National Press Club in Washington D.C.
The US government lost about $10 billion to save General Motors, recovering only $39 billion of the $49 billion it spent on the 2009 bailout.
The Treasury sold off the last of its remaining shares in General Motors about two weeks ago. 9.2 percent of GM is still owned by the UAW, while the Canadian government has 7.2 percent of the company.
Story via DetroitFreePress