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Old 12-27-2007, 10:29 PM   #6 (permalink)
kevenj
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Quote:
Originally Posted by Northern Rider View Post
In the strict sense of the word, Chrysler is still losing money, if you call that operational bankruptcy . . .
Losing money for a period of time is not bankruptcy........ Having more debt than assets IS. Since cerberus (and therefore Chrysler) are privately held companies we don't know whether this is the case right now.......
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