Comments on: Chrysler’s deal with Fiat could threaten federal loans

By: Bubs Solo

Bubs Solo — Thu, 22 Jan 2009 21:57:43 +0000

HHR for the record Obama did not screw up during the swearing in…the dude reciting it to him did.

By: ColdCanuck

ColdCanuck — Thu, 22 Jan 2009 19:52:32 +0000

Let’s see… An Italian company, Fiat, is taking 35% of Chrysler and a German company, Daimler has 20%. Maybe the logical next step is for a Japanese company such as Nissan to grab the remainder. They could call their Chrysler partnership something like, say, the automotive AXIS. But then of course they’d try for world domination and we know where that leads.

By: global_lightning

global_lightning — Thu, 22 Jan 2009 18:57:41 +0000

Perhaps Chrysler has figured out that taking a government money should be the absolutely last option. With federal money comes federal oversight (the ‘Car Czar’). It’s selling your soul. So far Ford has figured out how to turn itself around, mainly by better integrating its European operations and putting out greatly improved products. With this merger, Chrysler-Fiat can do the same, hopefully without taxpayer $$$.

By: strongbad

strongbad — Thu, 22 Jan 2009 17:56:58 +0000

Stop giving Chrysler money. Last time I read, Cerberus has PLENTY of cash. Why am I bailing out Chrysler instead of their cash-laden owners? That is where the backlash should have been, not FIAT’s stake.

Why does Cerberus not have to help Chrysler? Is there something I may be missing? (not be sarcastic – I want a good answer)

By: hangonbig3

hangonbig3 — Thu, 22 Jan 2009 14:40:49 +0000

Very strong limb Xile……..

By: The Stig

The Stig — Thu, 22 Jan 2009 10:17:02 +0000

Logically, Chrysler should have never gotten the money in the first place.

By: sharpie

sharpie — Thu, 22 Jan 2009 09:29:06 +0000

Fiat’s 35% stake means nothing with regards to the bailout money, unless Congress plans to give $5.5 bill to Chrysler to give out as dividend. If the $5.5b is operation money, then this is just an excuse to take the money back. Of course, I am assuming there is at least SOME merits to this article to begin with.

By: idrinorbarsaku

idrinorbarsaku — Thu, 22 Jan 2009 06:11:38 +0000

suck on that chrysler…you’re not getting any of my hard earned tax dollars!!!!!!!!

By: MurcieMe

MurcieMe — Thu, 22 Jan 2009 05:09:35 +0000

agreed…

By: Xile

Xile — Thu, 22 Jan 2009 04:54:04 +0000

HRR –
I’m probably going out on a limb with this one buy my guess is that you are an asshole. Am I close?

By: DrFill

DrFill — Thu, 22 Jan 2009 03:37:23 +0000

HRR
This has nothing to do with the New President
If Chrysler was smart, they’d have announced this after getting the check
But…….
Senators would have a tough time explaining to their constituents why the banks have money, but don’t give credit, and why foreign-ish companies benefit from US taxpayers funds
Fiat could have swooped in at this time just to take advantage of this windfall
It’s President Obama’s mess now
Like he doesn’t have enough knuckleheads to straighten out!
DrFill

By: johnnycanuck

johnnycanuck — Thu, 22 Jan 2009 02:36:16 +0000

…but seriously folks, isn’t Chrysler already like the porn industry since they’re in a deep hole and willing to screw with anyone?

By: anti-believer

anti-believer — Thu, 22 Jan 2009 00:10:03 +0000

We must save the porn industry!!!

Dyer need!!!

Fuck Chrysler! Porn is more important.

By: miket

miket — Wed, 21 Jan 2009 22:58:12 +0000

Didn’t the article yesterday say that they signed a “non-binding” agreement to purchase 35% of Chrysler…

for zero dollars of course…..

How does a “non binding agreement” jeopardize anything?

By: mayer_ray_nagin

mayer_ray_nagin — Wed, 21 Jan 2009 22:49:57 +0000

Yes, this money could be better used to pay for His Highness’ Coronation yesterday.

Ohhhh the joy of seeing Garth Brooks perform again!

By: hummah

hummah — Wed, 21 Jan 2009 22:41:56 +0000

What a mess. Just let FIAT have half and Nissan/Renault the other half and we’ll send this whole deal overseas and save $5 billion in the process. We could use that money to bail out the porn industry instead.

By: yarddog82abn

yarddog82abn — Wed, 21 Jan 2009 22:02:25 +0000

Then maybe Fiat needs to buy Benz’s shear of Chrysler first, then move on to the the other 35%…
After Washington reviews to see if the merger is good… I’m just saying…

By: inline6

inline6 — Wed, 21 Jan 2009 21:59:16 +0000

Um, LLN,

WHO in Washington is worried about the Fiat tie-up? What source do you have in saying that Chrysler’s access to bailout funds may be in jeopardy because of Fiat’s 35% stake?

Fiat’s stakeholding isn’t even official yet.

So unless you can cough up some sources, this story is not only scaremongering, but completely without merit or support.

Let’s see some sources, LLN.