some good news, sometimes bailouts are the right thing to do!
GM raises IPO price range due to demand - Business - Autos - msnbc.com
The common stock price increase is a boon for the U.S. government, which is GM's largest stockholder. The government is trying to get back the $50 billion it gave the company last year to get through bankruptcy protection. Other owners selling stock are the Canadian and Ontario governments and a union health care trust fund.