Was Clint Eastwood pitching government bailouts in Super Bowl ad?

February 6, 2012 12:40


Flashback: “Overall, $1.3 billion will not be recovered from the bankrupt Old Chrysler, but Massad still called it a ‘major accomplishment.'” – CNN

 

By Annalyn Censky July 21, 2011 at CNN:

(CNNMoney) — U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday.

The government recently sold its remaining 6% stake in the company to Italian automaker Fiat. It wrapped up the 2009 bailout that was part of the Troubled Asset Relief Program six years early.

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