emptywheel.firedoglake.com - 12/17/2008
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I guess the Cerberus figures they need to do something more to get Bush's attention, given that he continues to dawdle on a bridge loan.
Chrysler announced today it will close all 30 of its manufacturing plants for a month starting Friday.
[snip]
Tighter credit markets are keeping ...
blogs.abcnews.com - 12/17/2008
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blogs.abcnews.com —
ABC News' Charles Herman reports: Chrysler has announced
that at the end of this Friday's shift, all...
manufacturing facilities will be closed until January 19, 2009. Chrysler has 30 facilities in North America. All will close temporarily. The plant in...
(more)
Chrysler to Temporarily Shut Down Plants
freep.com - 12/17/2008
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freep.com —
Chrysler LLC, which has said its cash is
running dangerously low as it awaits word on federal...
aid, said this evening that it will idle production at all 30 of its North American plants starting with the end of shifts this Friday and running through at ...
(more)
Chrysler to idle its North American plants | Freep.com | ...
blogmaverick.com - 12/23/2008
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blogmaverick.com —
The CEO takes out a fullpage ad in
the Wall Street Journal today to thank the American...
Public for “investing” in Chrysler. Lets see, is there anything more idiotic than spending more than 100k dollars on a full page ad “thanks for ...
(more)
You Know Chrysler is Toast Because..
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Chrysler to shut down all 30 plants for a month, but ‘white collar workers’ will keep regular salaries.
Think Progress —
... Chrysler said that union workers will receive “state unemployment benefits as well as supplementary payments from Chrysler” based off “a union negotiated formula.” (HT: Marcy Wheeler) ...
George Bush Spent $4 Billion to Kill Chrysler—On Obama’s Watch
Firedoglake —
... But there are a couple of problems with this scenario, aside from the obvious fact that GM absorbing Chrysler--with its 3,300 dealers and 3 brands--is the exact opposite of what it should be doing to stay afloat, which would be to shed dealers and brands. Also, Chrysler's decision on Thursday--the day after merger talks were reported and the day before Bush announced the loan--that it would idle all its plants for at least a month could either be a sign it sees those merger talks as failing, or simply an effort to idle while a merger goes through. ...
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SHUTDOWN!!! G.M. to Close 30% of N. American Plants
emptywheel.firedoglake.com 12/12/2008 —
I'd like to think GM is just trying to get Bush's attention with its announcement that it's shutting down much of its North American production at the beginning of next year.
General Motors Corp., which is involved in a last-ditch effort to ...
Schapiro to be named SEC pick tomorrow —
First Read 12/17/2008
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