Chrysler/Fiat a go

**Detroitej72** · June-10-09, 07:11 PM

Originally Posted by East Detroit

So, screw the shareholders, screw the bondholders, screw the employees, sell the company to a foreign entity... and everyone is happy?

They would all be screwed by a bankruptcy liquidation anyway. Besides, bonds and shares are a gamble, there is no guarantee you will make any money off it.

**MoparDan** · June-11-09, 07:17 AM

Originally Posted by Detroitej72

They would all be screwed by a bankruptcy liquidation anyway. Besides, bonds and shares are a gamble, there is no guarantee you will make any money off it.

Spot on! The "good stuff" wouldn't even begin to draw high dollar & what's left over would practically be given away. As you stated, investing is practically like gambling; that's not to say I don't feel for the people who lost their money as most of us have been hit in some form or fashion. On the other hand, the most feasible solution has to go forward.
Let's see what Fiat can do.