Replies

To: Innovative

We lose $10 BILLION with a "B" and merrily go on our way, instead of getting it back from the company, which is now turning a healthy profit.

Not to mention the five billion in stimulus funds given to them. And also, wasn't some of the loan money forgiven?

7 posted on 12/09/2013 7:53:48 PM PST by oldbrowser ("From each according to their ability, to each according to their needs" .....Marx)

To: oldbrowser

What’s a billion here, a billion there... (/sarc)— it’s not their money.

“In 2011, Treasury closed the books on its $12.5-billion bailout of Chrysler and took about a $1.3-billion loss.”

10 posted on 12/09/2013 8:02:49 PM PST by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)

To: oldbrowser; Innovative

And also, wasn't some of the loan money forgiven?

They're also conveniently omitting mention of the billions lost by private investors in their bonds.

14 posted on 12/09/2013 8:39:58 PM PST by facedown (Armed in the Heartland)

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