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Chrysler Filed Bankruptcy

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Old 04-30-2009, 04:26 PM #1
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Default Chrysler Filed Bankruptcy
I just heard that Chrysler filed bankruptcy (Chapter 11). The CEO, Bob Nardelli, resigned saying he will step down after the bankruptcy is completed.

They've already received about 4 billion in bailout money......I wonder if they'll include the bailout loan in the bankruptcy...

Where's MY bailout???!!!
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Old 04-30-2009, 04:35 PM #2
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As soon as the filing is complete, they will merge with Fiat.

They MUST disclose that money IN the bankruptcy filing, and in a structured debt management program, we are still on track to get that money back. Bankruptcy doesnt excuse the loan.

I hope we get some american style alpha romeros in the country. Zoom!
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Old 04-30-2009, 04:56 PM #3
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Fiat should really have called Mercedes before they did this.

Kell, that $4B, how do you think they got Fiat on board?

Dej, it would be a cardinal sin to "Americanize" an Alfa Romeo!!!!!!
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Old 04-30-2009, 05:01 PM #4
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Like Glenn Beck just said (sarcastically) on his show..."Oh thankgoodness for Fiat!"
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Old 04-30-2009, 06:51 PM #5
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I'm just sad..
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Old 05-01-2009, 10:42 AM #6
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This also opens the door for BILLIONS more in Federal aid.

my hubby is italian, and screeched when I told him I want an americanized alpha romeo. He wanted to flick me with holy water. HA!
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