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30 Apr 2009 20:36

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Biz, U.S.: How much power did renegade hedge funds hold over Chrysler?

  • 70% Of Chrysler’s loan-holders agreed to the corporation’s terms – $2.25 billion in cash, or based on what we learned via YouTube earlier today, six-and-a quarter pennies.
  • 20 Number of anonymous investors, under the group name “Committee of Chrysler Non-Tarp Lenders,” involved in releasing a statement criticizing the company’s approach source