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Now that Chrysler is on the bankruptcy path, will we ever see any of the $4 billion we gave them again?
I think bankruptcy is the right place for them and other automakers to be. It provides a mechanism for troubled companies to work out / restructure. BUT unfortunately, our government had to give the automakers billions of dollars rather than let them go into bankruptcy.
Of course, the government bail-out did not work... as I expected... and now that money is likely lost.
~Roland
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