KPIX CBS Evening News With Scott Pelley December 10, 2013
Pelley good evening. The government is out of the car business. Late today we learned that the treasury sold off the last of its General Motors shares at a loss to taxpayers of more than 10 billion. It was four years ago at the height of the Great Recession that president obama decided to bail out the bankrupt automaker, ordering General Motors to overall its corporations and saving hundreds of thousands of jobs. Now g. M. Is not only making cars, but profits. Heres Senior Business correspondent anthony mason. Reporter the Auto Industry was headed for a disastrous crash in 2009 when the govern...