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...Bondholders who would not settle with the government and Chrysler are appropriately greedy. The money that they put into Chrysler debt came from pension funds and individual investors in many cases. It is not as if Citigroup (C) is the debtor left holding the check. Citigroup could, at least, petition the Fed to get back any money it lost on its Chrysler investment...
...Chrysler vehicles will get a dash of Fiat spice. A secretive visit by Fiat executives to Chrysler's design studio in Auburn Hills, Mich., last December convinced Fiat executives that Chrysler could still put some new zip into vehicles such as the Jeep Grand Cherokee. Even before the bailout, Chairman Robert Nardelli had decreed that the company, with help from A123, a battery maker, and General Electric would move ahead to develop electric vehicles with four times the fuel economy of Chrysler's traditional sedans and Jeeps. "We're not going back," Nardelli said...
...LaSorda says much of the work needed to put Fiat's vehicles in compliance with U.S. emission standards and safety regulations has already been completed since talks between the two automakers actually started in March of 2008. "If you take a look at the (new regulations), the sales pickup opportunity is going to start in about 18 months so we're going to be perfectly timed to take advantage of it," said Jim Press, the former Toyota executive, who is now Chrysler's top salesman...
...theater community has is it forces you to take a lot of initiative in whatever you do. It’s a challenge, but I think it’s that much more meaningful because everything is done so independently. You are always aware of how much work you put into it and you have to make everything your own. It helped me prove to my self how strongly I felt about theater and pursuing it regardless of the structure.” What does the future hold for Kline? Neither history nor science. “I will...
Adela had already been ill for eight days, but the next five days saw a further and rapid decline in her health. On the second day of hospitalization, she began to suffer from hypoxic encephalopathy - her brain was not receiving enough oxygen - and she was put on a ventilator. The next day, X-rays showed that both sides of her lungs were damaged. She continued to go downhill until the afternoon of April 13, when she died after suffering cardiac arrest. (See pictures of Mexico in the time of swine...