...........We didnt bail out GM, we bailed out the Unions which destroyed GM..................
And as GM earned $4 billion, and Zer0’s team gave away 40% of GM equity to the unions, the unions get credit of $1.6 billion in this year’s pretax profit,
while the US taxpayers take $10 billion in the shorts, and get no income tax revenue from GM’s success.
That's what the loony left say, but as usual the news keeps getting worse (from here):
The Treasury Department on Monday announced that the government has sold its remaining shares of General Motors (GM) and that losses from the 2009 auto industry bailout total about $15 billion.