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Chrysler (Fiat) CEO Tells CNN: "U.S.Taxpayers Are Getting A Phenomenal Deal By Losing ONLY $1.3 Billion On Bailout"

Video - Chrysler (FIAT) CEO speaks with CNN

What a smug bastard.  Short clip that is definitely worth watching.  Read all about it at CNN.

NEW YORK (CNNMoney) -- U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday.

The government recently sold its remaining 6% stake in the company to Italian automaker Fiat. It wrapped up the 2009 bailout that was part of the Troubled Asset Relief Program six years early.


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Reader Comments (13)

Jul 21, 2011 at 10:37 PM | Registered CommenterDailyBail
Benny &Timmy can get the money printed to balance the books. WAIT! How many sets of books do they have? LOL

Screw the taxpayers. Screw the MIDDLE CLASS.

Jul 21, 2011 at 10:47 PM | Unregistered CommenterTR
U.S. Court Interpreter Killed in Mexico After Being Held for Ransom

Jul 21, 2011 at 10:48 PM | Registered CommenterDailyBail
I guess if Dieppa was a BROWN man, it's OK because George Carlin said America is also good at killing BROWN PEOPLE.

This should be FUN.

Jul 21, 2011 at 11:02 PM | Unregistered CommenterTR
DB, just caught your link to the 4 horsemen
Jul 21, 2011 at 11:14 PM | Unregistered CommenterTR
thanks for the yves link, TR...
Jul 22, 2011 at 2:51 AM | Registered CommenterDailyBail
I have been an ASE certified mechanic for 15 years. I have owned up to 6 Fiat cars at one time and worked on engines from Mercedes Benz to Isuzu. I t is a joy assisting in the friendly, helpful efficient service provided by cars like Toyotas and Hondas. The earlier-day efficiency of the 1970 Ford E-150 Econoline, huge interior with very few parts which never cost more than a couple dollars. All wonderous things. but I never remember even cracking a smile on a Fiat since the 1961 Bianchina or while working on anything Chrysler since they junked the slant-6.

Italy is welcome to both. I know the Fix It Again Tonys will know what to do with Chrysler. I hope they realize their dream. Chryslers are the Sarah Palin of the automotive world. The rent-a-car places around here use them alot. Complete with aloha seat covers.
Jul 22, 2011 at 4:05 AM | Unregistered CommenterHoward T. Lewis III
why don't these people just shut the fuck up ...is there something in their spa chemicals ?
Jul 22, 2011 at 6:15 AM | Unregistered Commentermick
You have to remember the govt is in business to LOSE money. That's why we're bankrupt. The govt(taxpayer) is the real lender of last resort, especially if there's a loss involved. Did you see Wall Street jump at the chance of losing $1.3 billion? Nope. You see, Wall Street makes the big bucks by loaning to the federales because the feds don't owe it back. The taxpayer does. Slick racket eh? show more show less
Jul 22, 2011 at 3:15 PM | Unregistered Commenterrobertsgt40
Mick, go ahead and buy a Fiat or a Chrysler for daily use. I dare you.
Jul 22, 2011 at 4:52 PM | Unregistered CommenterHoward T. Lewis III
those are always funny no matter how many times i've seen them..thanks gomp...
Jul 24, 2011 at 7:06 PM | Registered CommenterDailyBail

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