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To: MaestroLC
"..The only major question that remains unresolved is what happens to Chrysler’s lenders, who hold $6.9 billion in company debt. The government’s most recent offer, presented Wednesday, would give the company’s lenders about 22 cents on the dollar, or $1.5 billion, and a 5 percent equity stake in a reorganized Chrysler..."

That practically guarantees no private entity will be lending money to a reorganized Chrysler. The US is in the Car Business permanently if they want Chrysler to survive.

20 posted on 04/23/2009 12:56:55 PM PDT by Anti-Bubba182
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To: Anti-Bubba182

Fiat will buy/take over Chrysler.


23 posted on 04/23/2009 1:01:26 PM PDT by nyconse (When you buy something, make an investment in your country. Buy Amrican or bye bye America)
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