Friday, January 25, 2013
The Auto Bailout Failure Is Now Complete - Reason.com
Perhaps there are intangibles; however, the taxpayers clearly lost a bundle on this "investment"...
At Reason.com, David Harsanyi gives us a report:
"The Treasury Department has just revised its estimate upward to $25 billion in losses, and it will probably be more than that when it's all said and done. Taxpayers also suffered a $2.9 billion loss in Chrysler (the carmaker had received $12.5 billion through TARP programs) in 2011. "
