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Name:	lotowner -	Reply
Subject:	Suprise! Suprise!
Date:	5/5/2009 10:44:54 AM

If the Administration had allowed the system to work, the American taxpayer would not have been out these billions of dollars. Chapter 11 is not a new tool.

Chrysler unlikely to pay back loans
FROM STAFF AND WIRE REPORTS
05/05/2009

One of the top financial advisers overseeing Chrysler LLC's restructuring testified in bankruptcy court Monday that there is a "low likelihood" that the automaker will be able to pay back its billions of dollars in government loans.

But Robert Manzo, an executive director with the restructuring group Capstone Advisory Group LLC, said he doesn't view the government financing as "free money."

"They're offering financing with a low likelihood of being repaid," he said.

Name:	Jim Dandy -	Reply
Subject:	Suprise! Suprise!
Date:	5/5/2009 11:42:51 AM

Shocking! Can you say "sub-prime lending"?

Name:	muddauber -	Reply
Subject:	Suprise! Suprise!
Date:	5/5/2009 12:22:39 PM

Dab, dab, dab. Wiping the sarcasm drool from the corner of your mouth.

Name:	MartiniMan -	Reply
Subject:	SNL Skit proves prescient
Date:	5/5/2009 1:59:09 PM

Go back and look at the SNL skit on the bailouts......not only hilarious but prescient as well. Of course they aren't going to pay it back. This is all about the Messiah rewarding the union voters and union financial support......

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