Ap Sources: Chrysler To File For Bankruptcy 10
Mar3
Two Obama administration officials say Chrysler will file for bankruptcy protection after talks broke down with a small group of the company’s creditors. (April 30)
Article written
- on 03.03.2010
- at 06:08 AM
Check out the frontline website for the video (Ten Trillion and Counting & Inside the Meltdown) it is a good look at how we got into this hole.
Its about time the government sided with the middle class and not the hedge fund managers that ran up housing and gasoline pieces that contributed to the financial crisis.The government needs to put the collar back on the financial industry!YouTube Videos to Check Out:Byron Dorgan Crystal BallMany experts point to the Financial Modernization Act as the cause of the current financial crisis.
This will cost tax payers much more money in the long run. It also puts more people on the unemployment lines. It really boils down to the fact that much of America is out of work, and if you produce a product, most arent in the possition to purchase at this time. Its also evident that the people that controll these companies arent willing to live like the rest of the nation, or the world for that matter. You cant blame people for buying foriegn products, or the workers, or the communities,
iamavet, just look up Fiat on wikepedia, you’ll see. The reason I know is b/c the moment I saw you wrote Fiat on your comment I realise that has to be the Fiat that made the G50 fighter, Its on a WWII flights sim game I have ‘IL2 1946′ flight sim game.
A with such an overstock. it is a great time to buy, you can get a hell of deal if you have some cash on hand.
Fiat owns 20%? What the hell is a Fiat?Ford is now in competition with US tax payers – what the hell is that? So all Chrysler car advertising is pay for by tax payers?Obama is doing a good job of screwing the UAW.
Fiat is a WW II aircraft designer and car designer, they made WWII fighters for Italy, the Fiat CR.32, Fiat G.50, Fiat G.55 , b/c there an italian aircraft and car designer. Fait stands for : ‘Fabbrica Italiana di Automobili Torino’ English: ‘Automobile Factory of Turin’.
Ford owns all.
Def GM. I hope people start buying Ford cars and trucks
I won’t buy Ford cars and trucks because of their support for gay marriage. I don’t think that companies should take these kinds of political stands – like Levis Jeans for example – supporting gun control. So Ford’s out for me at least, and it looks like GM and Chrysler are finished. Maybe I’ll wait for Red China motors to start selling their $2,000 car…