=( that sucks

 

It may not be that bad. American Airlines and United went into chapter 11 after 911, and they are still around flying airplanes... This could beneficial for Chrysler, allowing them to completely renegotiate with the UAW and others.
I thought the worker and retiree pay was a big issue, but perhaps not so much: http://seekingalpha.com/article/1101...oit-s-problems . That said, I never made $45/hr (or $55/hr) with benefits while working as an FAA mechanic on aircraft.

 

Chrysler is definitely filing Chapter 11.

http://money.cnn.com/2009/04/30/news...ney_topstories

If this doesn't tarnish their reputation too much, it can definitely help them emerge stronger. We will just have to wait and see.

 

if im not mistaken, this isnt the first time theyve done this...

 

The current reports have them filing 11, the government backing it, and Fiat signing at that point.

I really think the bankrupsy is going to end up with the same offer that Chrysler gave its creditors in the past couple days, just drags it out longer and costs us more money.

 

i like how something in "off topic" gets moved...punks

 

its about the brand...its not off topic at all.

 

i just hope i'm available to get a challenger still with a 5.7 in it. It sucks but we'll pull through

 

We just have to wait and see what happens.