Apr 30th, 2009 - Reuters
Related topics:
* Stocks pull back after Chrysler bankruptcy
* Dow Chemical's profit beats estimates, stock soars
* Initial jobless claims fall, continuing claims rise
* Dow up 0.3 pct, S&P up 0.4 pct, Nasdaq up 1 pct
* For up-to-the-minute market news click [STXNEWS/US] (Updates to late afternoon, changes byline)
NEW YORK, April 30 (Reuters) - U.S. stocks rose onThursday, but were well off session highs, as investors soughtto reconcile upbeat corporate profits and reassuring job marketdata with anxiety about Chrysler LLC's bankruptcy filing.
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Obama Vows Swift Overhaul As Chrysler Enters Bankruptcy
May 1st, 2009 - Washington Post
Chrysler, the nation's third-largest automaker, filed for bankruptcy protection yesterday, with President Obama promising that court relief would give the company a "new lease on life.
Obama's Italian Job
May 1st, 2009 - Reuters
By matthew.yeomans - The Big Money President Obama's landmark move to force Chrysler into bankruptcy leads on the nation's business pages today, with the New York Times...
Fiat's Marchionne Hunts ‘White Elephants' in Chrysler Alliance
Apr 30th, 2009 - Bloomberg
May 1 (Bloomberg) -- Fiat SpA’s Sergio Marchionne, afterfive months of trans-Atlantic negotiations on a partnership withChrysler LLC, helped wring concessions from unions...
Chrysler Lenders Tried Obama's Patience, Lost Game of Chicken
Apr 30th, 2009 - Bloomberg
May 1 (Bloomberg) -- President Barack Obama thankedeveryone from unions to executives for working to keep ChryslerLLC alive while blaming “a small group of speculators” forforcing the automaker into bankruptcy.
Chrysler files for bankruptcy under Obama's guidance
Apr 30th, 2009 - MiamiHerald
WASHINGTON -- The terms and conditions President Barack Obama imposed on Thursday's rescue of Chrysler inextricably bind the fortunes of the storied carmaker to the fate of Obama's young presidency.
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6:07Chrysler Bankruptcy: Are the Bondholders Being Unreasonable
Here's what's really going on. The government wants the bondholders who are secured creditors of Chrysler to accept a cramdown by giving a preference to the Union who are unsecured creditors. The bankruptcy code has well established priorities in these cases ...
2:06Warren Buffet Turns on Obama: 'Abandoning Lending Principles will have Consequenses!
breaking the principles of financial contracts with respect to bondholders. In an interviewed aired this morning on CNBC, Becky Quick asked him about the governments reach beyond the current General Motors bondholders freemarketvoice ...
11:00Patriot Radio News Hour 1/4:GM"Goodbye America"Hello China & Brazil !!
www.allamericangold.com Main Street takes a hit in GM bankruptcy The loser in a General Motors Corp. bankruptcy would be Main Street, not Wall Street, said a lawyer who represented Chrysler LLCs dissident lenders and is trying to organize bondholders who hold up to $7 billion in GMs debt ...
10:31Patriot Radio News Hour 2/4:GM"Goodbye America"Hello China & Brazil !!
www.allamericangold.com Main Street takes a hit in GM bankruptcy The loser in a General Motors Corp. bankruptcy would be Main Street, not Wall Street, said a lawyer who represented Chrysler LLCs dissident lenders and is trying to organize bondholders who hold up to $7 billion in GMs debt ...
