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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997
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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997 |
04-30-09, 08:28 AM
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#7 |
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Lucky Jack
 
Join Date: Jun 2005
Location: In a 1954 Buick.
Posts: 28,254
Downloads: 90
Uploads: 0
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Chapter 11 allows Chrysler to rework managment and lower costs while debt owed is stopped for a time. Chrysler could come out a much sleeker company as a result. This is what Chapter 11 protection offers. Let see if they run with it or die trying.
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“You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road |
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