Thursday, April 30, 2009

Chrysler Bankruptcy Plan Is Announced - NYTimes.com

Best details I have seen are at NY Times. 

officials envisioned as a swift, “surgical” process, was filed in United States Bankruptcy Court in New York, with the first hearing scheduled for Friday morning.

government would provide debtor-in-possession financing in a range of $3 billion to $3.5 billion, so the company can continue to operate normally.

Click on the following for the rest of the details:  Chrysler Bankruptcy Plan Is Announced - NYTimes.com

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