« Continue Browsing

Article Preview

Adviser: 'Low likelihood' Chrysler will repay government loans

Published 05/04/2009, Associated Press

One of the top financial advisers overseeing Chrysler LLC’s restructuring testified in bankruptcy court today that there is a “low likelihood” that the automaker will be able pay back its billions of dollars in government loans. But Robert Manzo, an executive director with the restructuring group Capstone Advisory Group LLC, said he doesn’t view the government financing as “free money.”

Word count: 629

Log In

The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.


Are you a newspaper subscriber but you don't have a Digital Access account yet? Click here to set one up. You will need your subscription account number and phone number.

Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Reset Your Password

Please enter your full e-mail address. We will e-mail you a temporary password.