Chrysler Financial Services
Chrysler Financial Services returned its bailout funds on Jul. 14, 2009
| Disbursed | $1,500,000,000 |
| Returned | $1,500,000,000 |
| Revenue to Gov't | $22,405,894 |
| Profit | $22,405,894 |
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Map: Corporate headquarters of Chrysler Financial Services.
Farmington Hills,
Mich.
See all recipients in Michigan
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The loan to Chrysler's lending arm came as part of the broader auto industry bailout.
Events
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Oct. 22, 2009 TARP Chief for Exec Compensation Releases Findings
The Special Master for TARP Executive Compensation releases determinations on the compensation packages for the top 25 most highly paid executives at the companies that received "exceptional" assistance -- i.e. those that were bailed out in the strictest sense of the word: AIG, Bank of America, Citigroup, Chrysler, Chrysler Financial, General Motors, and GMAC.
More info from www.financialstability.gov -
$7M Revenue
Jul. 15, 2009 Total Interest Paid Thru 7-09
More info from www.financialstability.gov -
$2B Payback
Jul. 14, 2009
More info from corp.chryslerfinancial.com -
$15M Revenue
Jul. 14, 2009 Repayment
More info from www.treasury.gov -
$2B Bailout
Jan. 16, 2009 Debt Obligation w/ Additional Note
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 07/15/2009 | Interest | $7,405,894 | AIFP | Total Interest Paid Thru 7-09 |
| 07/14/2009 | Refund | $1,500,000,000 | AIFP | |
| 07/14/2009 | Proceeds | $15,000,000 | AIFP | Repayment |
| 01/16/2009 | Loan | $1,500,000,000 | AIFP | Debt Obligation w/ Additional Note |
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