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Chrysler Bailout Loans Cost Taxpayers $1.3 Billion

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Old 07-21-2011, 02:00 PM
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Default Chrysler Bailout Loans Cost Taxpayers $1.3 Billion

The formalities behind the sale of the government’s remaining stake in Chrysler were completed this morning, and Fiat SpA is now the official majority owner of Chrysler Group LLC. Counting purchases from both the United States and Canadian governments, Fiat now owns a 53.5-percent stake in Chrysler. Assistant secretary for financial...
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Last edited by Jazz; 07-21-2011 at 07:19 PM.


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