I would think the 199 million from the recovery act (taxpayer money) would get returned, and the rest would be under FCC control.
Taxpayer money funded 490 million and they had 455 million left over -- you'd think the taxpayers could claim the full 455 million back. After all, the NTIA said they didn't need it to begin with. But there's some creative accounting going on there.
The gov't will need it to bail out bondholders of mismanaged financial companies again on the second wave of mortgage defaults, and to absorb losses that should have been borne by irresponsible lenders.