From the Bloomberg Article You Linked

Re: The 25$ appears to be to re-fi debt in 2010 and meet projected cash burn rate -- chupajuevos
Posted by CPMariner , Wed, Nov 19, 2008, 07:24:45 Post ReplyTop of ThreadReviews by CPMarinerFirst Amendment Message BoardMain BigDoggie.net site

Comparing the 1980 Chrysler bailout ($1.5 billion... chump change in today's world, even allowing for currency valuation) to the current "March On Washington" by the not-so-big three:

"Lee Iacocca had a clear plan to return that company (Chrysler) to profitability," said Peter Morici, a business professor at the University of Maryland. "These guys do not."

Yep.

CP




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