General Motors Will Never Repay Taxpayers - Reason Magazine
"This means that, outside of miracle, taxpayers will lose anywhere from $13 to $19 billion on their principal and another $15 billion on taxes for a grand total of up to $28 to $34 billion* in losses.
And that’s just for GM. Chrysler is whole different—and equally sordid—story.
Even Treasury Secretary Timothy Geithner acknowledged last month: “We’re going to lose money in the auto industry.”"
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