Sources: Chrysler Financial Refused Government Loan Over Limits on Executive Pay - washingtonpost.com

Sources: Chrysler Financial Refused Government Loan Over Limits on Executive Pay - washingtonpost.com

Geniuses! I wonder if this is a good thing or not. It would be good to take out some car building capacity. It would also be good to see Bob Nardelli have to live on his severance pay from his last job. He has got to have a record of the amount of capital he has destroyed though. It is staggering.