Chrysler Won’t Repay Feds

Chrysler won’t be repaying the federal bailout money in the amount of $7 billion.  Taxpayers will however be receiving something for their money in the form of Chrysler stock, which will be sold at a later date once the company recovers.  This has the potential to actually make money for taxpayers if the company can complete the turn around and start making money again.

Read the full article on CNN

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