PIC: Chrysler to REPO cars belonging to Lee Iacocca - NICE!

Discussion in 'General Motoring' started by JLA, May 23, 2009.

  1. JLA

    JLA Guest

    Found in the "What have you done for me lately?" bin
    Chrysler is apparently asking former CEO Lee Iacocca for the keys t
    his company cars. According to a FOX report, as part of their Chapte
    11 bankruptcy filing, Chrysler isn't allowed to provide vehicles t
    former execs, even if those execs once famously saved the compan
    from bankruptcy. Therefore, poor Lido is being asked to return hi
    minivan and Chrysler 300, or pay fair market value to keep them

    Maybe the government should step in and allow Iacocca to keep the car
    in exchange for some help in getting Chrysler out of its most recen
    financial mess. After all, Lee has some experience in this matter. H
    used (just) $1.5 billion in government loans back in 1979 to sav
    Chrysler from the brink. He even repaid those loans seven years earl
    in 1983, capping one of the most legendary turnarounds in U.S
    business history. That's right, he repaid the loans. What a concept
    Where Have All the Leaders Gone, indeed. You can see the letter sen
    by Chrysler below

    View the attachments for this post at
    http://www.jlaforums.com/viewtopic.php?p=20253976#2025397
     
    JLA, May 23, 2009
    #1
  2. JLA

    Bill Putney Guest

    All for show.
     
    Bill Putney, May 23, 2009
    #2
  3. He should turn them back in, and buy a Toyota or Honda.
     
    Pete E. Kruzer, May 23, 2009
    #3
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