And no, its not the same hedge funds that made the loans that allowed Chrysler to survive. These hedge funds did not make the loans, they bought them so they could win their bet that Chrysler would be forced into bancruptcy. Its the same as when Enron took power plants of line so they could win the the bet that California would need more power than Enron felt like producing. Do you understand why they didn't want Pete Rose betting against his own team?