GAO Report Not Hopeful for GM, Chrysler Loan Paybacks or IPOs

A newsflash that won't surprise critics of the government bailouts for General Motors Co. and Chrysler Group LLC: the federal agency charged with overseeing the U.S. Department of Treasury's $81.1-billion in loans to the two companies, their finance arms and suppliers says not to expect full repayment of those billions. The Government Accountability Office (GA)

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