12.16.2009

Sorry, Bunky, you lose

NEW YORK - The U.S. Treasury will not recover any portion of the $3.7 billion still outstanding in loans it made to automaker Chrysler under the Troubled Asset Relief Program, according to the terms of a plan filed with bankruptcy court on Tuesday.

link: Chrysler won’t repay $3.7 billion TARP loan - Autos- msnbc.com


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