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more about #chryslerfinancial more comments → Mobius: Wow, private banks lending to Chrysler still? Haven't they had enough of this subprime borrower thing? more » MushyHeirloom: Erh, how come individuals with good credit can't get a loan, but the auto corporation with the greatest chance of going under can? Oh, well. more » Das ASHloch (achtundsiebzig): @SoK Still probably better than trying to find someone new to take control. The phrase "you couldn't pay me enough money to run Chrysler right now" co... more » clinto: "In forgoing the loan, Chrysler Financial opted to use more expensive financing from private banks, adding to the burden on the already fragile automa... more » Van Sarockin, rogue trebuchet: Asshats. A hanging rope is too good for Cerberus. But they sure know how to hand some negotiating leverage to FIAT, gotta give them that. more » SirNotAppearing: Yes, thank you. Everyone is coming at this like it's a bad thing. They didn't take (more) taxpayer money! Hallelujah! more » engineerd: Good for them. more » Das ASHloch (achtundsiebzig): Chrysler Financial opted to use more expensive financing from private banks Ahh, so they had a choice. And it's probably a good one. You never know wh... more » -
#carpocalypse
Chrysler Financial refuses $750 million federal loan due to limits on pay. [WashingtonPost]

