http://money.cnn.com/2009/05/04/news/companies/chrysler_bankruptcy/index.htm?postversion=2009050416
This article is about how Chrysler is now trying to find a solution to somehow gain money back so it can clear a way to merging with Fiat. The automaker went to federal bankruptcy court on Monday settling witht the judge to set a May 21st hearing to talk over it's assets and objectives. Chrysler's lender's main worry was getting their money back from Chrysler. They filed more than $6.9 billion in debt through bankruptcy process. The reson for choosing this article was because of the financial setback of many companies that once had nothing to worry about financially now are in the lowest point where they have no choice but to file for bankuptcy and find a way to pay lenders back. The information in my opinion was presented fairly. I would use this source again because it Cnn keeps up with Chrysler finding out each move the company makes. I do agree with what is happening because I feel that the company should've been mindful of what they tried to sell.
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