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dieselenthusiast
 Post subject: Chrysler might stay alive for a little longer
PostPosted: Wed Apr 29, 2009 4:54 pm 
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Chrysler might stay alive for a little longer

http://news.yahoo.com/s/ap/20090429/ap_ ... ysler_fiat

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jerbacher
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PostPosted: Wed Apr 29, 2009 5:27 pm 
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I think we'll find out for sure tomorrow

http://www.bloomberg.com/apps/news?pid=20601087&sid=a97rZxZqE4S8&refer=home

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JL Rockies
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PostPosted: Wed Apr 29, 2009 7:00 pm 
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Yes the feds seemed to have gobbled up another chunk of the private sector.

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DryBones
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PostPosted: Wed Apr 29, 2009 8:08 pm 
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and the feds want to combined Chrylser Financial and GMAC? so even less options for a car loan I guess. :?

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InCommando
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PostPosted: Thu Apr 30, 2009 2:51 am 
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I think you will find that those to entities combined about the time that Cerebus bought Chrysler.

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DryBones
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PostPosted: Thu Apr 30, 2009 7:54 am 
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InCommando wrote:
I think you will find that those to entities combined about the time that Cerebus bought Chrysler.


If that were true then why would the Bloomberg link above contain this statement?

"One issue remaining is the U.S. government’s effort to combine Chrysler Financial and GMAC LLC, the lending units affiliated with Chrysler and General Motors Corp."

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LoganSix
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PostPosted: Thu Apr 30, 2009 8:54 am 
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Cerebus owns both Chrysler Financial and GMAC.

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riptricket
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PostPosted: Thu Apr 30, 2009 9:32 am 
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byebye big C
http://money.cnn.com/2009/04/30/news/companies/chrysler_bankruptcy/index.htm?postversion=2009043009
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dieselenthusiast
 Post subject: Chrysler is still alive
PostPosted: Thu Apr 30, 2009 6:17 pm 
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riptricket wrote:
byebye big C
http://money.cnn.com/2009/04/30/news/companies/chrysler_bankruptcy/index.htm?postversion=2009043009


"No one should be confused about what a bankruptcy process means," Obama said. "This is not a sign of weakness but rather one more step on a clearly chartered path to Chrysler's revival."

http://news.yahoo.com/s/ap/20090430/ap_ ... automakers

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InCommando
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PostPosted: Thu Apr 30, 2009 11:50 pm 
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DryBones wrote:
InCommando wrote:
I think you will find that those to entities combined about the time that Cerebus bought Chrysler.


If that were true then why would the Bloomberg link above contain this statement?
"One issue remaining is the U.S. government’s effort to combine Chrysler Financial and GMAC LLC, the lending units affiliated with Chrysler and General Motors Corp."


http://www.cnbc.com/id/18646336

The Cerebus/CF/GMAC deal was fairly widely reported. I guess Bloomberg ranks up there with WIKI for reliability?

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Guest
 Post subject: Re: Chrysler is still alive
PostPosted: Fri May 01, 2009 12:25 am 
dieselenthusiast wrote:
riptricket wrote:
byebye big C
http://money.cnn.com/2009/04/30/news/companies/chrysler_bankruptcy/index.htm?postversion=2009043009


"No one should be confused about what a bankruptcy process means," Obama said. "This is not a sign of weakness but rather one more step on a clearly chartered path to Chrysler's revival."

http://news.yahoo.com/s/ap/20090430/ap_ ... automakers


Does anybody really believe anything a politician says? :lol:

However, DE is correct. ThunderbirdJunkie knows many people that filed bankruptcy and have not stopped existing:)
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