GM Bankruptcy: Government May Never Recoup Its Investment

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First Posted: 06-30-09 09:19 AM   |   Updated: 06-30-09 09:24 AM

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Gm Bankruptcy

washingtonpost.com:

If a new General Motors emerges from bankruptcy as planned, U.S. financial aid for the company will expand to nearly $50 billion, but neither the government nor the company is forecasting how much of the public money will be repaid.

It's sure to be a stretch. For the United States to fully recover its investment, the value of General Motors stock will have to reach levels it has never before attained.

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Read the whole story: washingtonpost.com

If a new General Motors emerges from bankruptcy as planned, U.S. financial aid for the company will expand to nearly $50 billion, but neither the government nor the company is forecasting how much of ...
If a new General Motors emerges from bankruptcy as planned, U.S. financial aid for the company will expand to nearly $50 billion, but neither the government nor the company is forecasting how much of ...
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