In order for taxpayers to recoup their $49.5 billion investment in General Motors, the U.S. government will have to sell its stake in the automaker at an average selling price of $133.78 per share, according to report issued by officials overseeing the Troubled Asset Relief Program.
The report, originally reported by The Wall Street Journal, shows it's quite unlikely that taxpayers will ever earn all their money back for investing in GM. The automaker’s stock never reached such levels in its pre-bankruptcy period, when GM had more brands, robust profits and a large auto-finance division.
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