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05-02-2009, 07:44 PM #1
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
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