Comment on Auto industry bailout working but taxpayers still $19 billion in the red

Auto industry bailout working but taxpayers still $19 billion in the red

A congressional panel says taxpayers' estimated loss is down from $40 billion, and the three biggest recipients of bailout funds are heading toward financial stability. But whether the entire investment is recouped remains to be seen.The government's giant bailout of the U.S. automotive industry appears to be working, but it's still not clear whether taxpayers will recoup their investment, a congressional watchdog panel said Thursday.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News