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Hurdles remain for Chrysler

Hurdles remain for Chrysler

from Revver - video Videos on April 30, 2009
Duration: 0
Author: dealvideo Added: Thu, 30 Apr 2009 11:02:43 -0800 Duration: 0Chrysler LLC's tentative agreement with some of its largest creditors may have helped it clear a significant hurdle in the race to avoid bankruptcy. But big obstacles remain. The automaker is reportedly close to a debt-for-equity deal in which lenders would write off a majority of Chrysler's $6.8 billion debt in exchange for a less than 10% stake. (Deal Pipeline subscribers can find the details here.) In this edition of Inside the Deal, bankruptcy attorney Sandra Mayerson says holdouts in the lender group may remain, and she's not convinced they will agree to the deal terms, which are a long way from what creditors had proposed. There's also a possibility, says Mayerson, a partner with Squires, Sanders & Dempsey LLC, that a planned partnership with Fiat SpA could collapse. Chrysler faces a Government-imposed Thursday deadline to finalize the Fiat alliance or be cutoff from further public assistance. See the video below or download it at iTunes.
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I Read Comics: Show 69

I Read Comics: Show 69

from I Read Comics podcast on April 28, 2008
Duration: 2760
Comics, Miyazaki, and Conan!
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I Read Comics: Show 68

I Read Comics: Show 68

from I Read Comics podcast on April 12, 2008
Duration: 3612
WonderCon Audio and Michael Chabon!
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I Read Comics: Show 64

I Read Comics: Show 64

from I Read Comics podcast on January 23, 2008
Duration: 3596
Movie reviews with David Arroyo!
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I Read Comics: Show 61

I Read Comics: Show 61

from I Read Comics podcast on November 20, 2007
Duration: 1769
God, Love and Rockets!
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