The government of Canada, has decided that the time has come to offload some GM stock that it got in exchange for helping with the bailout. In an unregistered block trade, (whatever that means) the government sold some 30,000,000 common shares leaving Canada with 110,084,746 common shares and 16,101,195 shares of GM series A preferred stock. No word yet if the taxpayers profited or lost out.

http://www.fin.gc.ca/n13/13-115-eng…

My opinion on the sale can be summed up as "Good".