U.S. Is Said to Push Chrysler to Prepare for Chapter 11
But get this:
The Treasury has an agreement in principle with the United Automobile Workers union, whose members’ pensions and retiree health care benefits would be protected as a condition of the bankruptcy filing, said these people, who asked for anonymity because they were not authorized to discuss the case.
SO the FIX is in? Is this PAY BACK for supporting Obama?