Thursday, April 30th, 2009
- QUITTERS: Chrysler will file for Chapter 11 bankruptcy after all. A small group of creditors didn’t want to negotiate on Chrysler’s $6.9 billion of secured debt, so now a judge will decide how much they get. Chrysler will still be teaming up with Fiat, though, so KEEP BUYING CHRYSLERS at the breakneck volume you’ve been buying them for years. [AP]
