Treasury Takes Initial Public Loss on GM Shares - WSJ.com

Treasury Takes Initial Public Loss on GM Shares - WSJ.com: "The Treasury paid about $40 billion for the 912 million common shares it held at the start of the day Wednesday. To get that all back at once, the Treasury would have had to sell all its shares at about $43.85 in the IPO.

After the IPO, the Treasury Department retains about a 37% stake in GM. The remaining 554 million common shares the government owns have an indicated value of about $18.3 billion at Wednesday's IPO price."