To the Point
Chrysler to File for Bankruptcy
At his news conference last night, President Obama said Chrysler might not have to resort to bankruptcy. But several bond-holding hedge funds refused to take less than what they were owed. Today, the President denounced what he called “a small group of speculators.”
By Warren Olney • • 1 min readAt his news conference last night, President Obama said Chrysler might not have to resort to bankruptcy. But several bond-holding hedge funds refused to take less than what they were owed. Today, the President denounced what he called “a small group of speculators.” As it files for Chapter 11 bankruptcy, Chrysler will be merging with the Italian company Fiat. Justin Hyde reports from Washington for the Detroit Free Press.
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A Hard Rain's Falling for the Class of 2009- 0:00Chrysler to File for BankruptcyYou’re reading this
- 7:29Congratulations, Graduate, Now Find a Job!
- 41:33Ousted as Bank of America Chair, Ken Lewis Still in Charge
The full episode
1 of 3A Hard Rain's Falling for the Class of 2009- 0:00Chrysler to File for BankruptcyYou’re reading this
- 7:29Congratulations, Graduate, Now Find a Job!
- 41:33Ousted as Bank of America Chair, Ken Lewis Still in Charge