The government will lose $1.6B on a loan made to Chrysler in early 2009, said the Treasury...

|By:, SA News Editor

The government will lose $1.6B on a loan made to Chrysler in early 2009, said the Treasury yesterday. The government doesn't plan on boosting its Chrysler stake to compensate for the loss, and may lose another $1.9B on a separate loan to the firm.