Re: Re:What’s YOUR Solution to Chrysler’s Problems?

Welcome Forum The Drag Strip What’s YOUR Solution to Chrysler’s Problems? Re: Re:What’s YOUR Solution to Chrysler’s Problems?

#34270
Garibaldi
Garibaldi
Keymaster

I heard an interesting view on the government bailout of GM and Chrysler today. If GM and Chrysler had been allowed to go into bankruptcy (as any other company), who would have financed their debt? No bank in this financial crisis could undertake such a big burden. Because of that situation the government would be the institution that would have to provide the funds.