As Chrylers’s bankruptcy filing and takeover goes on there are questions everywhere.
The UAW .. who has not put a penny into Chrysler’s purchase ..now owns 55% of the company.
Those creditors who have kept Chrysler running are kicked to the ditch.
Obama says Fiat will get nothing until all taxpayer money is repaid yet he at the [...]
Obama takes charge .. as he announces the bankruptcy of Chrysler…. and the end of Chrysler as we have known it.
Obama would never ever have approved a plan of Chrysler to survive on its own with a federal loan .. no matter how good the plan may have been.
His plan was to lead the company [...]
Is it the truth peeking through?
As Obama pushes Chrysler into a bankruptcy prepared by Obama …. it is set up so Fiat will step in and take over Chrysler .. paving the way for Fiat “to produce its first model with Chrysler in 2011 if the accord between the companies is approved”… Fiat chief Sergio Marchionne [...]
