Chrysler (Fiat) CEO Tells CNN: "U.S.Taxpayers Are Getting A Phenomenal Deal By Losing ONLY $1.3 Billion On Bailout"
Jul 21, 2011 at 10:27 PM
DailyBail in auto bailouts, bailout, chrysler, chrysler bailout, video

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.

 

Article originally appeared on The Daily Bail (http://dailybail.com/).
See website for complete article licensing information.