According to The Detroit News a couple of weeks ago the U.S. Treasury has refigured the amount that GM still owes the taxpayers and raised that amount by a few hundred million dollars. In spite of the TV commercials GM was running about paying their loans back that is not true. They’ve paid something like 20% of it back and even that could be debateable depending on how the paper is shuffled.
The Feds state that GM stock prices (hovering in the 20s currently) will have to reach 55 dollars per share before there’s a break even point.
GM should have been allowed to sink and then rise from the ashes on their own if possible. Chrysler also still owes the taxpayers; just not nearly as much as GM does.