Wednesday, November 16, 2011

Autos Insider | U.S. boosts estimate of auto bailout losses to $23.6B | The Detroit News

Autos Insider | U.S. boosts estimate of auto bailout losses to $23.6B | The Detroit News: "The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline.
In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its previous estimate of $14.33 billion."

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