Chrysler to file for bankruptcy

[Patranus]

Obama: "We take the secured out of secured debtors and pay them Change. After all, that is what I promised...right"

Good times. Nice to see bankruptcy law getting rewritten.
Private bond market collapse in 3...2...1...

 

[GeezerMan]

Originally posted by: CADsortaGUY

Originally posted by: Engineer
Supreme court removes block (as expected) - Chrysler sale 'back on'

:thumbsdown: Watch and see what kind of repercussions this has down the road with other BK dealings... very very bad precedent the gov't is setting here.

yeah, it's historic, in a bad way.

 

[Firebot]

And then there were 2.

 

[Rally2xs]

Maybe I can get the "new Chrysler" to make me a 124 Spyder like I had in the late 70's, only with modern-car reliability. Fun car.