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Haven't we been over this already?

posted by Stephen Lubben

Bloomberg is out with a breathless new story about how the "30 to 60 days" that the President referred to with regard to Chrysler is not actually the length of the bankruptcy case but the time until "new Chrysler" emerges from the 363 sale process.  And the ABI links to it this morning!

But I thought we cleared that up back on the day Chrysler entered chapter 11 . . .  indeed, I think I said it during an ABI press event regarding Chrysler.  Oh well.

May 13, 2009 at 11:01 AM in Corporate Bankruptcy

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