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[DSanner106 AT aol.com]

All true, but that was 40 years ago, since then we have had carter, reagan,  
bush, clinton, bush and lots of change in the market. Chrysler recovered,  
introduced the minivan and prospered. Like the rest of the US auto industry,  
Chrysler faces tough times. It says nothing at all about the success of the  
bailout 40 years ago. I am just not as pessimistic as some I suppose, and 
think  
that the idea of taking stock for the cash is better than taking nothing at 
all.  The price of the stock doesn't matter either, as some have inferred. A 
billion  dollars in 3 dollar stock cashes out the same as a billion dollars 
in 100 
dollar  stock. It is sort of like comparing a pound of feathers to a pound of 
rocks. 
 
Drew
 
 
In a message dated 9/8/2008 11:54:11 A.M. Eastern Daylight Time,  
don.bowen AT earthlink.net writes:

Look at  Chrysler now.  They have been functionally bankrupt for awhile  now.
Bridge loans have turned into pier loans (bridge to no where so maybe  Palin
will support a bailout).  They are in deep trouble but since the  country has
decided that financials are the industry to support they will  more than
likely go down the tubes with someone like Tanta Motors picking  up the Jeep
name




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