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General Motors is now planning to repay the $8 billion it owes to the U.S. and Canadian governments before the end of June.

That sounds like good news. And in a way it is. But in the grand scheme of the nearly $50 billion the U.S. government has poured into General Motors -- most of which was converted into equity -- it's not much.

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Does GM's Plan to Repay Debt Shortchange Taxpayers? originally appeared on BloggingStocks on Thu, 11 Mar 2010 16:40:00 EST. Please see our terms for use of feeds.

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