Bailout Watch 299: Chrysler “Government Loan Unlikely To Be Repaid”

>> Tuesday, February 17, 2009

With GM, the bailout is pretty straightforward. Give us money or the economy dies. With Chrysler, it's a lot more… complicated. In case you hadn't noticed, ChrCyo owner Cerberus is looking for an exit strategy. Give us the money and we'll sell/give our 80 percent share of the company to someone else. The United Auto [...]

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