What does this mean? As far as the U.S. Treasury is concerned, it means there's as much as $15 billion to be lost if it were to cash out now with current trading prices, but there doesn't seem to be any indication of that happening soon.
Two years and a couple dozen lawyers later, and the next thing Motors Liquidation Corp. knows is that it probably helped a few people enter retirement early.
If Uncle Sam was to sell tomorrow, he would lose roughly $16.5 billion of the $49.5 billion investment that was put into the company, which is obviously less than ideal.
General Motors is in the best fighting shape in 50 years, says GM CEO Dan Akerson. But we wonder about the less tangible societal debt, if there ever was such a thing.
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