Re: Respect the big 3

From: Klaus Wilkens (klaus@buffnet.net)
Date: Fri Sep 25 1998 - 20:36:40 EDT


Whoa, hang on there....The Federal government did not loan one cent to CC. It
guaranteed the loans and made a very nice profit on Chrysler stock warrants.

KW

Rader wrote:

> > Wether you like the K-Car or not , you have to realize that it's the car
> > that saved Chrysler and brought it back from the brink .
>
> Well, actually it was the mean old federal government that bailed out
> Chrysler with those cheap loans (thanks, Lee I.). But I catch your
> drift. There was a veritable shitload of those disgustingly-ugly bricks
> all over the roads of North America, which allowed CC to pay off those
> loans and actually perform the R&D which has put them back with a vengeance.
>
> I know I'm going to regret this, but I had always pretty much hated
> Chrysler, until the Ram caught my eye and I decided to give the Dakota
> a fair shake when I went truck shopping. Now, I've gotta say that I've
> changed my tune.
>
> Ron



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