Chrysler just filed chapter 11

[JEFFRPM]

Chrysler just filed what do you think is going to happen now. Who's next? Or better yet WHAT'S NEXT?

 

[GAME OVER?]

Chrysler just filed what do you think is going to happen now. Who's next? Or better yet WHAT'S NEXT?

They be back, they file, restructure the company, either kickout or knock the unions back where they should be and go back to work.

Unions are a great thing but in this case I think they have gone way over board. The companies are paying the employees plus benefits whether they are working or not. Im sure there is someone here that knows a bit more than I do and can chime in with some more details. But in my opinion its the union that is taking them down.

 

[Ryan_P]

They'll come back bigger and stronger than ever, mark my words.

Plus BHO gave them $8 billion to help with restructuring. Add that to the tally... *rolls eyes*

 

[scott-dsms]

I thought all this bailout money was supposed to prevent this? Now the taxpayer is on the hook for billions more to do something they should have done in the first place WAJ

BTW...GM offered the gov a 50% stake in exchange for 10 billion in debt forgiveness

 

[dan200]

I heard on the radio the other day that gm is now 89% owned by the government and the unions. Scary

 

[dhjeepgeek]

Socialism , the way your president wants it. USA. Union of Socialist Americans