Monthly Archives: April 2009

Chrysler LLC and the U.S. Treasury Dept. have reached an agreement with banks and private equity firms holding $6.9 billion of the automaker’s debt. Those firms have agreed to take $2 billion and a small equity stake in the company, … Continue reading →

Word on the street is that the CEO of Fiat has said that the deal with Chrysler could still come together by April 30th. This was released this afternoon. http://www.marketwatch.com/news/story/Fiat-CEO-reportedly-sees-Chrysler/story.aspx?guid=%7B2DCEF07B%2D7FAB%2D4FB6%2D9375%2DE6BEF0330866%7D