Dude, current estimate is that the taxpayers are going to take a $20B+ haircut. ABC (http://abcnews.go.com/blogs/politics/2011/06/how-much-did-th...) said in June/2011 that it was $14B for GM and $1.3B for Chrysler. And don't forget that this was when GM stock was at $30, it's fallen a lot. "Friday, the Treasury Department announced that expected losses to taxpayers from the bailout would increase more than $3.3 billion to $25.1 billion -- up from $21.7 billion last quarter." That's some dang expensive jobs "created or saved." And I'm sorry that the retirees from GM are having to do what most people at that age have to do - use government mandated healthcare. I just wish we'd have gotten to that point about $25M earlier. -XC
We have no disagreement with the amount it sucks, or the fact that it was a plain problem brewing, but so was the whole subprime debacle. GM shouldn't have been able to get into the corner it did as much as AIG. But, interests, interests, interests... (on both sides of the aisle) just not ours.