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U.S. exits GM stake, taxpayers lose about $10 billion

WASHINGTON, Dec 9 (Reuters) - The U.S. government sold its last shares in General Motors Co on Monday, leaving taxpayers saddled with a total shortfall of about $10 billion on the automaker's 2009 bailout.

"With the final sale of GM stock, this important chapter in our nation's history is now closed," Treasury Secretary Jack Lew said.