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Chrysler dissident lender group drops challenge
International Business Times ^ | Friday, May 8, 2009 | Poornima Gupta

Posted on 05/08/2009 2:40:15 PM PDT by OldBlondBabe

DETROIT - A group of Chrysler LLC's dissident lenders disbanded, representatives said on Friday, removing the last legal hurdle to the automaker's quest to complete a merger with Italy's Fiat SpA with U.S. government backing.

(Excerpt) Read more at ibtimes.com ...


TOPICS: Business/Economy
KEYWORDS: killchryslerlist

1 posted on 05/08/2009 2:40:15 PM PDT by OldBlondBabe
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To: OldBlondBabe

Wonder what the IRS did to them?


2 posted on 05/08/2009 2:45:49 PM PDT by Frohickey
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To: OldBlondBabe

I guess they couldn’t take the heat they were getting from BO’s Chicago thugs. Chicago politics is not pretty. Better broke than dead.


3 posted on 05/08/2009 2:46:31 PM PDT by FlingWingFlyer (Politicians always love to talk about "hard work." What the hell would they know about it?)
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To: OldBlondBabe

I will not buy a car from a government owned company.


4 posted on 05/08/2009 2:51:52 PM PDT by pompelmous (Unintended consequences)
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To: FlingWingFlyer
Better broke than dead.

Maybe it was their heirs who disbanded.

5 posted on 05/08/2009 2:52:19 PM PDT by Dan(9698)
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To: OldBlondBabe

Where is YOUR 401K money and YOUR pension fund invested?????


6 posted on 05/08/2009 2:53:02 PM PDT by ridesthemiles
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To: OldBlondBabe
That's okay, the company will fail anyway. I don't think Fiat really understands how the UAW will destroy them.
7 posted on 05/08/2009 2:53:08 PM PDT by martinidon
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To: martinidon

F ix
I t
A gain
T ony


8 posted on 05/08/2009 3:10:21 PM PDT by Chi-townChief
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To: OldBlondBabe

Contract law has been abrogated. Bankruptcy, a mainstay of contract law, has been immolated.

Only the fascisti win.


9 posted on 05/08/2009 3:18:28 PM PDT by MortMan (Power without responsibility-the prerogative of the harlot throughout the ages. - Rudyard Kipling)
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To: pompelmous
Which cars would you consider?

I'm going to have to buy one soon.

10 posted on 05/08/2009 3:20:36 PM PDT by lonestar (Obama is turning Bush's "mess" into a catastrophe.)
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To: OldBlondBabe

They bowed their heads and got on the train. Like good little comrades.


11 posted on 05/08/2009 3:21:00 PM PDT by jwalsh07
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To: OldBlondBabe

“A group of Chrysler LLC’s dissident lenders disbanded”

“dissident lenders”

We’re in a 1984 novel now.


12 posted on 05/08/2009 3:32:19 PM PDT by headstamp 2 (Spay or Neuter your liberal today!)
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To: lonestar

Ford is the only option.


13 posted on 05/08/2009 3:33:21 PM PDT by dila813
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To: OldBlondBabe

Don Obama made them an offer they couldn’t refuse.


14 posted on 05/08/2009 3:34:49 PM PDT by OrangeHoof (YES WE CAN have a Depression.)
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To: dila813
Ford is what I'm thinking.

I had a Taurus once that was a good car...until it was hit when parked (by a driving dead man) and was totaled.

But that's another story...

15 posted on 05/08/2009 3:40:22 PM PDT by lonestar (Obama is turning Bush's "mess" into a catastrophe.)
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To: Dan(9698)

Maybe they saw the hand of Chavez moving ever closer.


16 posted on 05/08/2009 3:40:48 PM PDT by Carley (OBAMA IS A MALEVOLENT FORCE IN THE WORLD)
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To: OldBlondBabe

” I WON “


17 posted on 05/08/2009 3:47:17 PM PDT by Para-Ord.45
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To: headstamp 2

Exactly. It is not a disagreement, they’re branded as evil - dissident lenders - newspeak and Obama’s media capons lead the charge.


18 posted on 05/08/2009 4:33:36 PM PDT by 1010RD (First Do No Harm)
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To: Para-Ord.45

No GM or Chrysler is in our future. They will have a hard time selling them to conservatives and liberals don’t drive american brands anyway.
They will learn a lesson from this, but we will pay the bill.


19 posted on 05/08/2009 4:35:17 PM PDT by Oldexpat
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To: lonestar

I am driving a GMC right now, but that is the last one for me.

People will say GMC is no more because they went bankrupt that no one would buy their cars.

No, the reason is they robbed the people through the government. I am not going to buy something from someone who has stolen money from me. If they are willing to do that, they are willing to do just about anything.


20 posted on 05/08/2009 6:37:55 PM PDT by dila813
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To: headstamp 2

““A group of Chrysler LLC’s dissident lenders disbanded”

“dissident lenders”

We’re in a 1984 novel now.”

I didn;’t catch it under you pointed it out, but it needs repeating - what tf is a ‘dissident lender?’


21 posted on 05/08/2009 7:49:16 PM PDT by WoofDog123
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To: WoofDog123

“under”

Until*


22 posted on 05/08/2009 7:50:35 PM PDT by WoofDog123
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To: OldBlondBabe

Really. What do the shareholders of these “dissident” lenders say?


23 posted on 05/08/2009 8:52:30 PM PDT by VeniVidiVici (Sprechen sie Austrian? Happy Cinco de Quatro!)
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To: lonestar

A Fisker Kharma


24 posted on 05/29/2009 4:43:06 PM PDT by pompelmous (Unintended consequences)
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To: pompelmous; dila813
I bought a Ford Fusion SEL 10 days ago. So far, I like it.
25 posted on 05/29/2009 5:54:05 PM PDT by lonestar (Obama is turning Bush's "mess" into a catastrophe.)
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