Treasury takes $2.1 billion loss on Chrysler loan
Mountie accused of auto fraud sues MPI
A Mountie accused of attempted fraud after claiming he lost control of his SUV and ended up in a lake says he was humiliated and embarrassed by the insurance company's investigation into the incident.
Treasury takes $2.1 billion loss on Chrysler loan
The Treasury Department said Monday it will lose $2.1 billion on a loan made to Chrysler in early 2009. Taxpayer losses from bailing out Chrysler and General Motors are expected to rise as high as $34 billion, congressional auditors say.
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