LOS ANGELES (AP) — YouTube says more than 1 billion people are now visiting its online video site each month to watch everything from zany clips of cute kittens to sobering scenes of social unrest around the world.
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WHAT: The Treasury Department sold its final 6 percent stake in Chrysler to Italian automaker Fiat for $560 million, leaving U.S. taxpayers stuck with a $1.3 billion loss.
HOW: The bailout paid $12.5 billion during the bankruptcy conversion of “Old Chrysler” into the new Chrysler Group. Now $11.2 billion is considered repaid or excused.
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