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

The cost of the Chrysler bailout

Posted:

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.

 

Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and WKOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Program Manager Jessica Miller at 608-661-2794. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.