Entries tagged "Fiat SpA"
After playing hardball with Chrysler's debtholders, the government took a lower-key approach to GM's bondholders.
The Dow finished down 24.04, or .27%, to 8,739.02 while the Nasdaq closed down 7.05, or .38%, to 1,853.08.
If Fiat decides to abandon Chrysler's current headquarters, reports indicate the complex is designed for easy conversion to a mall.
Chrysler LLC's tentative deal with some of its biggest lenders may not stave off bankruptcy, according to Sandra Mayerson of Squires, Sanders & Dempsey LLC.