Archive for May, 2009

Bankruptcy won’t save Chrysler

Posted May 22, 2009

Bankruptcy won’t save Chrysler, it will only prolong the misery. Bankruptcy could have saved Chrysler, but the way the U.S. Government (read Obama) stepped in and structured the process, giving 55% of the company to the UAW, it isn’t likely that Chrysler will survive.  What Chrysler needed to do was a true bankruptcy that would […]

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