The US Treasury has provided another US$757m dollars to bankrupt Chrysler.

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The payment, dated 20 May, was made public last night in the latest transactions report on the use of the 700bn Troubled Asset Relief Programme (TARP), a financial stability plan voted by Congress in October, according to Agence France-Presse (AFP).


The government has now provided $8.58bn to Chrysler Holding, before and after the 30 April bankruptcy filing.


The Treasury also loaned $1.5bn in January to Chrysler Financial Services.