No day trading for Uncle Sam. Instead, the Treasury Department has reportedly taken the next...

|By:, SA News Editor

No day trading for Uncle Sam. Instead, the Treasury Department has reportedly taken the next step in its arrangement to sell its stake in General Motors (GM -1.2%) by initiating a prearranged trading plan. According to the schedule, the entire 300M share position in GM will be liquidated within 12 to 15 months.