It is a sub rosa reorginazation pland - Chrysler creates a new company, sells all of it assets to the new company for pannies on the dollar, and leaves all the debt in the old company.
Illegal as H$LL.
>It is a sub rosa reorginazation pland - Chrysler creates a new company, sells all of it assets to the new company for pannies on the dollar, and leaves all the debt in the old company.
>
>Illegal as H$LL.
But it’s ok when the government does it! [/sarc]
(I need to sit down and count the ways this situation is unconstitutional... equal protection under laws is obviously one major area if, as you say, this reorganization is so illegal.)