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An Open Letter to the Republican Party

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SixDegrees5/05/2009 4:42:34 pm PDT

re: #307 Shr_Nfr


In other news, the Chrysler lawyer told the court today that the government will get zero money back from its earlier loan and its dip loan. Its all going to go to the UAW.

Um - as I understand things, it isn’t up to Chrysler to dictate where any of it’s assets go now that they’re in bankruptcy court. It’s up to the judge in charge of the case.

I had heard that Chrysler wouldn’t be paying back any of the government loan money. That isn’t surprising, since it just isn’t up to them anymore to make such decisions.