Professor Stephen Lubben of Seton Hall has written a post on the Credit Slips blog that provides some justification for the way the Chrysler bankruptcy is proceeding.
I submitted some questions to Professor Lubben in the comments section of the blog.
I am indebted to the Wall Street Journal Bankruptcy Beat Blog for pointing me towards Professor Lubben's comments. I've added both blogs to my Blog Roll on this site.
I am interested in what you think about all of this.
Thursday, May 7, 2009
Alternate View on Chrysler
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Posted by Lawrence D. Loeb at 12:36 PM
Labels: Bankruptcy, Chrysler, Debtor in Possession Financing, DIP, Distressed Debt, Distressed Investing
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