Which of the Following Statements Regarding the June 2009 Bankruptcy

question 30

Multiple Choice

Which of the following statements regarding the June 2009 bankruptcy of General Motors is false?

• A) The government provided more than $50 billion in bailout.
• B) The common stockholders received nothing.
• C) The U.S. government owns 85% of the common stock of GM.
• D) The preferred stockholders received nothing.

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