According to this, the U.S. lost $1.3 billion in the Chyrsler bailout.
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, wrapping up the 2009 auto bailouts that were part of TARP.
Let me repeat, the U.S. TAXPAYERS GAVE AWAY $1.3 billion to a failing company!
For those of you who say the U.S. should get out of the wars we are in because other things can be done with the money, what about this?
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