“a small group of speculators endangering Chrysler’s future”
It’s so weird to me watching the guy constantly pivot from left TOTUS to right TOTUS and never look at the camera
Its the credit default swaps. Bankruptcy is a default event. If Chrysler files, they get the insurance money to make them whole. If they cut a deal, they lose! Either way, if AIG is on the other side of those swaps, you and I, as tax payers, take it in the shorts...
With Chrysler's (mis)Management and the UAW, there was no future to be endangered.