Chrysler had the gaul to say this
#1
Chrysler had the gaul to say this
Chrysler Group LLC recently announced its preliminary financial results for the second quarter (Q2) 2011, demonstrating continued improvement in its operating and financial performance. Chrysler Group LLC achieved modified operating profit of $507 million in Second Quarter 2011, up 177 percent from Q2 2010. They also fully repaid their bail-out loans, six years ahead of schedule. Net Revenues in Q2 2011 were $13.7 billion, up 30 percent from $10.5 billion in Q2 2010.
Horse Hockey! As part of the deal with the US Treasury to complete the payoff deal, the Treasury wrote off $1.3 billion of that loan. That's $1.3 billion of our tax dollars we will never get back. They are showing a profit at our expense!
Horse Hockey! As part of the deal with the US Treasury to complete the payoff deal, the Treasury wrote off $1.3 billion of that loan. That's $1.3 billion of our tax dollars we will never get back. They are showing a profit at our expense!