` Taxpayers Lost Over A Billion Dollars On The Chrysler Bailout

Taxpayers Lost Over A Billion Dollars On The Chrysler Bailout

on Apr 29, 2012 in Fox Business, Media Center by Ed Butowsky | No Comments »

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While Chrysler participated in the bailouts, they are sitting on a lot of money now having posted strong gains this past quarter. Now as Chrysler financially is on the rise, the company is looking to reimburse labor unions, but what about the tax payers? Of the money that was loaned to Chrysler, over a billion dollars will not be required to be paid back. When did a billion dollars become a rounding error that we just write off? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business to discuss Chrysler’s move to reimburse labor unions.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.

 


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About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 25 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225