CHRYSLER------Took all that bail out money.........

@dlr297 (5409)
United States
May 1, 2009 6:29am CST
I just heard on the news that Chrysler will file for bankruptcy. They took all that bail out money, Why did they take the money if they were going to go into bankruptcy anyway. I just have a hard time understanding how a big company like this can get away with doing something like this.....
1 person likes this
2 responses
@ParaTed2k (22940)
• Sheboygan, Wisconsin
1 May 09
True, and it should be audited. What should be investigated also is why Obama, Pelosi and Reid pushed for the bail outs, knowing that they were going to go through with the leveraged merger in the first place.
1 person likes this
@busky5 (3164)
• Thailand
10 Aug 09
I don't want to think about the corruption in their company or not.I think why the gov. help it.When it has a lot of profits, they paid alot of money to CEO.However if the gov lend it, someday this company will be better, if the American helps to buy the USA company.
@dlr297 (5409)
• United States
10 Aug 09
The big problem is not that the government gave them money to help them out, people are upset because the government is taking control of these companys, and they have no business doing that