: Where will GM get money to buy Chrysler?



JoeReal
10-21-2008, 11:32 AM
Will GM Seek Cash from the UAW?

October 21, 2008 7:00 AM

ABC News' Alice Gomstyn reports: There are signs that the credit market is thawing, but that doesn’t mean it will be easy for General Motors to get the cash it needs to finance a merger with Chrysler.

“We can’t finance consumer car loans for now, so how they will find the financing for this, I don’t know,” said Kristin Dziczek, the senior project manager of the Economics and Business Group at the Center for Automotive Research.....

Click for more: http://blogs.abcnews.com/moneybeat/2008/10/will-gm-seek-ca.html