I thought I heard that GM had paid back its loan from the Obama Bank of America?<br />
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As it turns out GM still isn&rsquo;t doing very well on that issue but they still were flush enough to give raises and bonuses to the union faithful.<br />
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The facts tell a different story. <br />
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The Treasury Department raised its estimate of the losses by more than $9 billion. They now says it expects to lose $23.6 billion, up from its previous estimate of $14.33 billion.<br />
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For an article on the auto bailout fiasco click on the following story link:<br />
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http://detnews.com/article/20111114/AUTO01/111140434<br />