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No more GM or Chrysler for me...
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lars-PA
Posted 11/8/2012 18:54 (#2686287 - in reply to #2686252)
Subject: RE: No more GM or Chrysler for me...


Central PA
If it makes you feel any better GM paid back its loan in June 2010. The US government still owns over $45 billion in preferred and common stock, which it can sell at any time.

Edit. I just saw that Ford still owes about $6 billion.

http://www.forbes.com/sites/joannmuller/2012/08/29/automakers-repor...

Overall it looks like the bailout will cost the US about $25 billion.

Edited by lars-PA 11/8/2012 19:07
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