So if the taxpayers own ±60% of GM...

[Charles]

"A journalist is someone who is unable to differate between a bicycle wreck and the end of civilization". H. L. Meneken

Typical top shelf reporting by the media. The taxpayer doesn't own GM, we're just on the hook for bill if the whole deal goes South. And on the hook for the interest payments regardless.

In other words, the politicians had gone out again and bought themselves something by writing another hot check on OUR collective overdrawn account.

Chas