Does Anyone feel like Bailing

[classicman]

Originally Posted by Shawnee123

GM has paid off the last of its bailout loans:

NEW YORK (CNNMoney.com) -- General Motors has made a final payment of $5.8 billion to the U.S. and Canadian governments, paying off the last of its $6.7 billion in loans, the company said Wednesday.

Overall, GM received $50 billion in federal help.

In return, the government got $2 billion in preferred stock and 61% of the company's privately held common shares.

Taxpayers could recoup money from a possible sale of GM stock to the public in the future.

OK, so you and I, gave them $50 Billion and they gave us back $6.7Billion.
Thats great... or is it?

What is the value of that stock today? $.63 a share and the other stock, I cannot find. The last few articles I saw mentioned zero, but I can't believe that...Why? I dunno.