Content Tagged As loan_repayment

3 years 6 months ago

Obama: Chrysler loan repayment a 'milestone'

LONDON (AP) - President Barack Obama says Chrysler's repayment of the government loans that helped it emerge from bankruptcy is a "significant milestone" for the auto industry. Chrysler took $10.5 billion from the U.S. government to survive two years ago. On Tuesday, it will retire a $5.9 billion balance on...

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