After years of mismanagement, alone, under Daimler, then under Cerberus and Bob Nardelli, finally under a Federal bail-out
After years of mismanagement, alone, under Daimler, then under Cerberus and Bob Nardelli, finally under a Federal bail-out
President Obama announced moments ago Chrysler will officially file for a "quick" Chapter 11 bankruptcy protection under United States Code in New York bankruptcy court later today, then partner with Fiat. Here's what happens next.