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Home >> Injury Central >> Commercial Bankruptcy Resources >> 1979 CHRYSLER RESCUE HOLDS LESSONS FOR AUTO EXECUTIVES

1979 CHRYSLER RESCUE HOLDS LESSONS FOR AUTO EXECUTIVES

2008-11-24 10:02:13.467
When Chrysler teetered on the brink of bankruptcy in 1979, the automaker spent months building support for a $1.5 billion loan guarantee that helped save the company and tens of thousands of jobs. Nearly 30 years later, the U.S. auto industry is getting only weeks to make its case.
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January 05, 2009
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