GM made a $3.2 billion profit in the first quarter and it appears Obama will use the bailout as a campaign issue. Regardless, Shikha Dalmia expects taxpayers to lose money in the end:
[To break even] the federal government would have to sell its remaining 365 million shares—about 26.5 percent of company equity—for about $55 per share. But after GM posted its latest earnings report, its stock price dropped to $31, a few dollars below even its IPO price of $33.
The Dish 