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Thinking about selling my truck.

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Old Nov 12, 2009 | 06:58 AM
  #51  
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oldjeep
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Originally Posted by seigell
Actually, Chrysler is an AMERICAN Company with 20% Italian ownership, 25% US / Canada Govt ownership, and 55% American UAW Pension Fund ownership. And I've been told I'll shortly get the Tax Bill for the first Installment Payment towards "my" 25%.

Just because Obama and the Dems are drooling to see Dodge Trucks and Chrysler Minivans replaced by Fiat Econo-boxes doesn't mean that Chrysler isn't American Owned (majority).
Maybe Fiat doesn't have control yet, but the deal they arranged will eventually allow them to have majority ownership. The UAW will unload it's shares as soon as they are worth something - hard to stick it to the man when you are the man.

http://online.wsj.com/article/SB124218648848214101.html
 
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