Auto Industry Bailout, Returning Bailouts | featured news

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Returning Bailouts Topics

Chrysler repays bailout money to Treasury department

The Treasury department said on Tuesday that automaker Chrysler Group LLC has repaid $5.1 billion in bailout loans and ended its ability to draw a remaining $2.1 billion.

Auto industry bailout working but taxpayers still $19 billion in the red

A congressional panel says taxpayers' estimated loss is down from $40 billion, and the three biggest recipients of bailout funds are heading toward financial stability. But whether the entire investment is recouped remains to be seen.

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