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Chrysler Financial gets $1.5B loan from bailout


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does this open the door for more private owned companies to get bail out money?

 

The Treasury Department said Friday it will provide a $1.5 billion loan to Chrysler LLC's financing arm, and the automaker announced it will immediately use the money to offer zero-percent financing on several models and expand lending to car buyers with less than ideal credit.

 

http://biz.yahoo.com/ap/090117/chrysler_bailout.html

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