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IPFS News Link • Economy - Economics USA

Uncertainty Clouds Recovery of U.S. Investment in GM

• Washington Post

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.

 

www.universityofreason.com/a/29887/KWADzukm