The New York Times is reporting that the Treasury Department is preparing Chapter 11 bankruptcy filings for Chrysler that could come as early as next week. Chrysler’s lenders hold nearly $7 billion in debt and the government earlier offered 22 cents on the dollar for a 5% share in a reorganized corporation. More…
Chrysler Going Belly Up!
More from BusinessMore posts in Business »
More from Latest NewsMore posts in Latest News »
- A Conversation on Writing, Craft, and Poetry
- Five Questions with Alison Bashford, author of “Decoding the Hand”
- Read an Excerpt from “Atlas’s Bones” by D. Vance Smith
- Five Questions for Joshua B. Freeman, Author of “Garden Apartments”
- Five Questions with Cynthia Cruz, poet and author of “Sweet Repetition”