Supreme Court Delays Chrysler’s Swift Sale The U.S. Supreme Court yesterday held up the sale of Chrysler’s assets to Italian automaker Fiat, at least temporarily interrupting the Obama administration’s massive and speedy restructuring of the U.S. auto industry. Justice Ruth Bader Ginsburg’s 53-word order did not hint at what she thought of an appeal led [...]
Filed under: Blog Entry | Tagged: Auto Bailout, Bankruptcy, Barack Obama, Chapter 11 Bankruptcy, Chrysler, Congress, Elena Kagan, Fiat, Indiana, Ruth Bader Ginsburg, Senate Banking Committee, Sergio Marchionne, Southern District Of New York, Steven Rattner, TARP, Thomas Lauria, Troubled Asset Relief Program, U.S. Supreme Court, UAW, United Auto Workers | Leave a Comment »