In the epilogue to his new book, “Overhaul,” Steven Rattner tallies up the bill for the government assistance that spared General Motors, Chrysler and their financial subsidiaries and automotive suppliers from ruin. The total, authorized by the Bush and Obama administrations in 2008 and 2009, comes to a staggering $81.8 billion. While that government assistance has kept the companies alive, “predicting with any accuracy how much of the $82 billion of bailout money will ultimately be recovered is a difficult exercise,” writes Mr. Rattner, a former journalist for The New York Times and a financier who led President Obama’s restructuring effort.
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