I should probably know this, but didn’t we (the US Gov’t) buy stock of GM with the $11b? If so, how much do we still hold and is it worth more now than when we put in the cash? Is the US receiving dividend payments?
The U.S. bailed out GM to the tune of $49.5 billion (loans & stock purchases)...the $11 billion loss to taxpayers was on the sale of the stock (last batch sold in in 2013).