Saturday, June 6, 2009

Race to Oblivion: Obama, Chrysler and the end of an American Icon

Remote blogging from Boone Iowa. Here is an interesting snippet from the WSJ:

The Obama administration rushed an alliance between Chrysler and Fiat despite Chrysler's worries about Fiat's financial health and its willingness to share technology, according to internal company emails.

The emails show Fiat ignoring requests for documents and trying to change contract terms late in the talks.

The documents provide a glimpse at the tense debates that shaped Chrysler's final days as it raced to find a suitor.

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