Chrysler in Trouble??

[JamminWagon]

Chrysler. (Privately owned; about 55,000 employees). It's never a good sign when management insists the company is not going out of business, which is what CEO Bob Nardelli has been doing lately. Of the three Detroit automakers, Chrysler is the most endangered, with a product portfolio that's overreliant on gas-guzzling trucks and SUVs and almost totally devoid of compelling small cars. A recent deal with Fiat seems dubious, since the Italian automaker doesn't have to pony up any money, and Chrysler desperately needs cash. The company is quickly burning through $4 billion in government bailout money, and with car sales down 40 percent from recent peaks, Chrysler may be the weakling that can't cut it in tough times.

http://finance.yahoo.com/news/15-Com...-14279875.html

[MagNite]

So how many millions of $$$ is Nardelli going to get as a severence package this time?

When a company goes belly up because of piss poor upper management, the big wigs walk away with thier pockets full and it's the workers that get screwed.

[desquirrel]

A mere pittance considering the hundreds of billions the "workers" have walked away with over the years.