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02 Dec

How's the Debt Repayment Going? Chrysler's Old Carco Defaults on $3.3B

The Financial Times reported over the holiday weekend that Old Carco, i.e. the old part of Chrysler, has defaulted on $3.3 billion worth of federal loan repayments that were due June 30. It has also racked up an additional $29 million in interest. Old Carco said in a court filing it has receive...

0 Comments Bury Straightline September 08

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