May 06 2009
A Primer for Understanding the Chrysler Bankruptcy
What are secured creditors? Are they as evil as Darth Vader…or Lord Sidious even?
What are unsecured creditors? Are they like jackals or bottom feeders?
How do they relate to each other?
How do they relate to the Chrysler and General Motors debacle?
For the answers to these questions and a number of valuable insights click here. Neal gives a very interesting explanation on the basics of the Chrysler bankruptcy.
