GM Bankruptcy: Government May Never Recoup Its Investment

07/31/2009 05:12 am ET | Updated May 25, 2011
  • Peter Whoriskey 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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