Treasury Admits What Everybody Already Knew: Taxpayer Losses On GM Bailout Are Going to be Massive

Treasury Admits What Everybody Already Knew: Taxpayer Losses On GM Bailout Are Going to be Massive - Hit & Run : Reason Magazine
This means that the total hit to taxpayers, who still own about a quarter of the company, could add up to $38.6 billion.
That’s even more that the $34 billion on the outside I had predicted in May.