asterism
Congress != Progress
Why would we sell at a loss? We can just hold the stock until the price increases.
The chance of GM Stock reaching a break even price of $70 a share could take up to ten years(and that is conservative estimate) . The current price is $27.29 a share. You can blame Tim Geithner for taking shares of GM instead of making them pay us back in cash. Any person with half a brain new this was not the smartest thing to do.
I remember when Reagan and Chrysler were used as an example of how this bailout was going to be wildly successful and that it was just some loans. Crony capitalism is cool, huh?