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Trading > 247Wallst

The Car Czar: Auto Firms May Go Bankrupt Anyway

247Wallst | Tue, 12/16/2008 - 7:47am | bailout, Bankruptcy, Car Czar, Chrysler, economic recession, GM |  Add a comment

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The car czar is a joke, a way to get a few billion dollars to GM (GM) and Chrysler while they move their companies in better shape for certain Chapter 11 filings. The two car companies are not likely to get what they want from the UAW, suppliers, and creditors without some kind of fight. Wh
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