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Posted on September 4, 2010 | tags

 
 

Biz: General Motors’ IPO may not mean taxpayer payback at first

  • $70
    billion
    the amount GM needs to make on its IPO to ensure the government gets all of its bailout money back
  • $50
    billion
    the amount GM could make on the IPO at the low end; the cruddy economy may be a factor source
  • » Other considerations: The IPO is obviously only a starting point – the rest of the $43 billion the automaker still owes taxpayers could be made back later. But as a jumping-off point goes, it’d be nice to see the IPO on the high end, around $90 billion. (Edit: We’re dummies and we mistyped these earlier. Sorry.)