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GM to Repay Taxpayers. Definitely. Maybe.


Posted Wednesday, November 11, 2009 - 4:21pm

General Motors’ Chairman, Ed Whitacre, said yesterday that GM plans to pay back the government loans it accepted during its bailout/bankruptcy, contradicting a GAO report that maintained GM will never be able to return those taxpayers' funds. On the one hand, GM seems to be doing better than anyone expected.

  • Matthew DeBord has written about the auto industry for the Washington Post, the Los Angeles Times, the Huffington Post, and Car Design News.

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