Treasury Hires Citigroup, JPMorgan to Sell GM Stake

Jan. 16 (Bloomberg) -- The U.S. Treasury Department chose Citigroup and JPMorgan Chase to manage the sale of shares in General Motors Co., as the government works to disentangle itself from the biggest U.S. automaker following the $50 billion bailout that began in 2009. Matt Miller reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)