Two Years After Rescue, Chrysler Posts First Profit Since 1997

Two Years After Rescue, Chrysler Posts First Profit Since 1997: pPresident Obama’s plan to rescue Chrysler as part of a broader bailout of the American auto industry in 2008 came under fire from various Republicans who predicted the company would never return to profitability. “The government has forced taxpayers to buy these failing companies without any plausible plan for profitability,” South Carolina Sen. Jim DeMint [...]/p