Taxpayers lose $1.3 billion on Chrysler

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NEW YORK (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, wrapping up the 2009 auto bailouts that were part of TARP.

Full story: Taxpayers lose $1.3 billion in exiting Chrysler