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When all is said and done, taxpayers take a $1.3 billion loss on Chrysler bailout

July 22, 2011

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The American taxpayer finally made it out of Chrysler’s business today after the U.S. government sold its final holdings in the company to Fiat to the tune of $560 million.  This final sell-off brings Chrysler’s reimbursement to the U.S. taxpayer to a grand total of $11.2 billion.  That’s  a whopping $1.3 billion short of the company’s total […]