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Bailout Successes? GM Pays Off Loans, Chrysler Loses Less

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Old 04-21-2010 | 08:00 AM
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Default Bailout Successes? GM Pays Off Loans, Chrysler Loses Less

Both General Motors and Chrysler are working as hard as they can to take advantage of the last-ditch bailouts provided last year by the U.S. government. This morning, each issued a separate sign of its progress. GM chief executive officer Ed Whitacre is expected to announce that the company will fully pay back the $6.7 billion of loans from the...

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Last edited by Jazz; 04-21-2010 at 08:21 AM.
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