US taxpayer loans GM 50 billions. 42 billions swaps into 61% of GM stocks
and remaining 8 billions as a loan with interest 7%. When GM returns 8
billions, the loan part is paid off in full with interest. Does tax payer
get back all the money? Not yet. It is not clear how much 61% stake of US
taxpayer in the new GM worths. It may worth less than 42 billions.
But it can not spin that news into a bad news for taxpayer like right wing
nuts. It is a good news no matter what. were this right wing nuts
