But...... is not Fiat having trouble with new bonds in Italy?
They are having troubles getting concessions from the unions at their European plants.....many of which are openly communist supporters.
Plus, the European auto market is tanking fast.
But this plays right into the deal Marchionne negotiated with Obama to purchase the VEBA shares......as long as Fiat remains in the toilet, he can buy out the VEBA at bargain prices.
Another example of where a capitalist outmaneuvers a gov't hack.