NY Time’s Editorial casts doubt that Chrysler’s bankruptcy will be short and successful

 

short “prepackaged” bankruptcies generally succeed when all of the difficult issues are resolved ahead of time, requiring only a judge’s official approval

Quickie bankruptcies … have also never been attempted for a company as big and multifaceted as a carmaker.

Click on the following for more details:  Editorial - The Chrysler Bankruptcy - NYTimes.com