Biz, U.S.: Jerks causing Chrysler bankruptcy drama stop being jerks
- The fact simply is … our group has become too small to have a voice within the bankruptcy.
- Stairway Capital Management • In a statement about leaving the small group of “Non-TARP Lenders,” which complicated Chrysler’s life and helped lead to their bankruptcy. Larger fund OppenheimerFunds Inc. also backed down, leaving a much smaller group of investors opposed to the Obama administration’s plan to restructure the automaker’s debt. • source