Comments on: How did the automakers emerge from bankruptcy so quickly? http://blogs.reuters.com/felix-salmon/2009/07/07/how-did-the-automakers-emerge-from-bankruptcy-so-quickly/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Mr. Charles' debt guide http://blogs.reuters.com/felix-salmon/2009/07/07/how-did-the-automakers-emerge-from-bankruptcy-so-quickly/comment-page-1/#comment-3913 Thu, 09 Jul 2009 05:20:36 +0000 http://blogs.reuters.com/felix-salmon/2009/07/07/how-did-the-automakers-emerge-from-bankruptcy-so-quickly/#comment-3913 i would give the credit to obama, without his help i think chrysler would be history. good job obama.

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By: Argel http://blogs.reuters.com/felix-salmon/2009/07/07/how-did-the-automakers-emerge-from-bankruptcy-so-quickly/comment-page-1/#comment-3832 Tue, 07 Jul 2009 21:47:22 +0000 http://blogs.reuters.com/felix-salmon/2009/07/07/how-did-the-automakers-emerge-from-bankruptcy-so-quickly/#comment-3832 I also have to go with the Section 363 + government involvement, the size of GM, the nature of the industry (a long bankruptcy would likely force them in Chapter 7) and lack of any serious interest outside of the government. In that context Chrysler was arguably a way to show what would happen to dissenters in the GM bankruptcy (and likely a test to see if the horse at least made it out of the gate).

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By: @jporter http://blogs.reuters.com/felix-salmon/2009/07/07/how-did-the-automakers-emerge-from-bankruptcy-so-quickly/comment-page-1/#comment-3827 Tue, 07 Jul 2009 21:16:40 +0000 http://blogs.reuters.com/felix-salmon/2009/07/07/how-did-the-automakers-emerge-from-bankruptcy-so-quickly/#comment-3827 I have to think your last line is most on target. Government involvement and Obama’s use of the bully pulpit pressure creditors to get in line certainly helped move things along.

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