The cost of the Chrysler bailout - WKOW 27: Madison, WI Breaking News, Weather and Sports

The cost of the Chrysler bailout

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WASHINGTON (WKOW) -- The Treasury Department says U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler.

The U.S. exited its two-year investment in the automaker several years early, by selling its six percent remaining stake in the company.

General Motors has already repaid its bailout loans and Ford didn't take any federal money.

 

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