For taxpayers to be fully repaid, General Motors' market capitalization would need to increase by about 14,000 percent--14,000 percent.
Richard Shelby: “For taxpayers to be fully repaid, General Motors' market capitalization would need to increase by about 14,000…”
On the recordSeptember 23, 2009
Source
congress.govEditor's note · Context
Senator Shelby highlights the improbability of GM repaying taxpayers based on its current market capitalization.
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