European Salon de News, Discussion et Klatsch - 1 May | 61 comments (61 topical, editorial, 0 hidden)

BBC NEWS | Business | Chrysler 'to file for bankruptcy'

Chrysler is to enter bankruptcy protection after failing to persuade a number of hedge funds to write off its debts, a White House official has said.
President Barack Obama is due to make a statement shortly on the future of the struggling US carmaker.
The news comes as Chrysler has been in last minute talks to restructure the business before a midnight deadline.
President Obama has already said that Chrysler would emerge stronger after any move into bankruptcy protection.

by Fran on Thu Apr 30th, 2009 at 03:23:14 PM EST
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Re: Economy and Finance (none / 0)

I'm having fun watching the Wall Street crowd squeal like little pigs over the fact that those eeeeebl, eeeeebl unions and their DFH backers are going to control two of the Big Three.

The WSJ has already renamed GM "Gettlefinger Motors".

And working with Europeans should drive the wingers straight over the edge.

ONWARD, COMRADES, FOR YOUR GLORIOUS MOTHERLAND!

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Thu Apr 30th, 2009 at 06:36:21 PM EST
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Re: Economy and Finance (none / 1)

ONWARD, COMRADES, FOR YOUR GLORIOUS MOTHERLAND!

Geez! Don't you liberal nut cases know know nuttin? In the USA it's Fodderland!

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Apr 30th, 2009 at 07:51:19 PM EST
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Re: Economy and Finance (none / 1)

"Fodderland"? Apparently we all speak like Yanni Gogolak from The Whole Nine Yards. ;)

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Thu Apr 30th, 2009 at 08:03:12 PM EST
[ Parent ]

Re: Economy and Finance (none / 1)

Couldn't resist the pun.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Apr 30th, 2009 at 10:15:31 PM EST
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Re: Economy and Finance (none / 1)