Thread: Govt to give Chrysler $9 billion to ride out bankruptcy

I thought the idea of bankruptcy was to regoranize. Can't you just wait to drive a fiat? They are going to make them produce cars we don't want. They are going to try to force us out of our cars.

The U.S. government will provide $3 billion to $3.5 billion to keep Chrysler operating during bankruptcy and an additional $4.5 billion to help it exit bankruptcy in an alliance with Fiat. The money comes on top of $4 billion lent to Chrysler in January. A senior administration official said the government stood to lose much if not all of that initial investment.


http://www.latimes.com/business/la-fi-c ... 1522.story

They would not be in this mess if the CEOs and all the big shots didnt have a big income and bonuses. Then they cry, and the government sees to it that the American taxpayers are responsible for bailing these creeps out then, they take another bonus, because they have money coming in from the American taxpayers.
screw these CEOs make these azzzzz wipes give back the money.