Chrysler

Angel statue
Six of the ten biggest corporate bankruptcies in history have occurred since late 2008 — and all ten of the top ten, if you include companies that escaped bankruptcy by being bailed out. The names are etched in our memories: Lehman Brothers, General Motors, Chrysler, A.I.G., Fannie Mae, and...
STANFORD GRADUATE SCHOOL OF BUSINESS - Believers in free market capitalism were appalled when the U.S. government spent $82 billion to bail out General Motors and Chrysler. But the money was well spent, saving an important U.S. industry and averting a national economic catastrophe, asserted the...