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Chrysler Financial also gets bailout loan to the tune of 1.5 billion

Old Jan 19, 2009 | 05:10 PM
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From: The Left Lane
Default Chrysler Financial also gets bailout loan to the tune of 1.5 billion

Chrysler desperately needs funding for its financial arm and has gotten the first 100 million dollars from the US treasury. Chrysler Financial issued just 3,800 car loans last month compared to 50,000 for December of 2007.

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