Chrysler will file for bankruptcy for Chapter 11 bankruptcy
I wonder when the economy will bounce back. Many big companies had filed bankruptcy in the past months. And now, Chrysler will file for bankruptcy for Chapter 11 bankruptcy protection. Chrysler will tie with the Italian carmaker Fiat Group. The government would provide another $8 billion into Chrysler, (the govt. has already poured $4 billion in loans) throughout the bankruptcy. This is a sign that the economy is really bad. I hope this will end soon. On the other hand, it is a great time for small business to shine.
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