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
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http://www.jlaforums.com/viewtopic.php?p=20253976#2025397
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