Chrysler May Not Make It Another Year
247wallst.com 10/1/2009 — Rumors, credible rumors, are beginning to circulate in the car industry and the automotive press, that Chrysler may not make it another year primarily due to its falling sales and growing financial losses at partner Fiat. Chrysler sold a 62,197 ...

Chrysler Chapter 11 Filing Expected
nakedcapitalism.com 4/30/2009 — The New York Times reports that the Chrysler brinkmanship continues, with some small hedge funds acting as pigs in the hope of extracting yet more concessions from the government, as the bankruptcy deadline looms. The reason the funds can play ...

Administration on GM, Chrysler
calculatedriskblog.com 3/30/2009 — Update2: From MarketWatch: Corrected: Chrysler, Cerberus agree to Fiat deal framework Update: The government is also backing warranties for GM and Chrysler. That is a key step towards bankruptcy. US backs warranties for GM, Chrysler (ht Stephen) The ...

Bankruptcy Looks Likely for Chrysler
nytimes.com 4/30/2009 — DETROIT — Last-minute efforts by the Treasury Department to win over recalcitrant Chrysler debtholders failed Wednesday night, setting up a near-certain bankruptcy filing by the American automaker, according to people briefed on the talks. Barring an ...

The Government Robbed Chrysler Creditors
cato-at-liberty.org 10/7/2009 — In January 2009, Chrysler stood on the brink of insolvency. Purporting to act under the Emergency Economic Stabilization Act, the Treasury extended Chrysler a $4 billion loan using funds from the Troubled Asset Relief Program (TARP). Still in a bad ...

An Auto Merger That Could Pay Off
dealbook.blogs.nytimes.com 4/15/2009 — The United States government is pressuring the creditors of General Motors and Chrysler to help the carmakers return to health by swapping debt for equity. That might work if the lenders thought the equity would be worth something, Breakingviews says. ...

The man of system will now fix the auto industry (by Russell Roberts)
cafehayek.com 3/31/2009 — The President spoke today about his latest attempts to save the auto industry. You could teach a semester-long class in economics from this speech. So many errors and insults to the intelligence of the citizenry. The boldface and non-indented stuff ...

Chrysler Lenders Fault Treasury as Bankruptcy Looms
dealbook.blogs.nytimes.com 5/4/2009 — A group of Chrysler's secured lenders, contending that they are being unfairly blamed for sending the iconic American automaker into bankruptcy protection, are striking back at the Obama administration, which they believe is skirting bankruptcy law by ...

Now Introducing Fiat/Chrysler??
blog.robertsalomon.com 4/29/2009 — And there you have it. According to the Associated Press, Fiat will sign a pact with Chrysler to officially extend its existence as a going concern (see Fiat to Sign Partnership Deal ). Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, ...

Chrysler Bankruptcy Reorganization Terms & News
richard-wilson.blogspot.com 5/1/2009 — Chrysler BankruptcyChrysler Bankruptcy Re-organizationHere is a short video of Obama speaking about the Chrysler Bankruptcy and how they will be working with Fiat to re-structure the company. Hedge funds were slammed for holding out for better terms and contributing to the bankruptcy of ...

Financial scandals in Thailand: Getting their man — The Economist: Full print edition 11/5/2009
Market panics, old and new IT TOOK 13 years for Thai justice to catch up with Rakesh Saxena, an Indian-born banker who fled to Canada in 1996. Once there, Mr Saxena (pictured left) dug in his heels during what became Canada’s longest-ever ...

America's carmakers make a comeback: Rinsed and raring to go — The Economist: Full print edition 11/5/2009
After a terrible year there are signs of hope for Detroit AMERICA’S carmakers appear to have returned from the grave. This week the three big ones—Ford, General Motors and Chrysler—all had good news to report. Ford recorded a ...