I am dumbfounded, and have been since the day I first heard of the proposal - sans Treasury involvement. Fiat gets 35% of Chrysler. Chrysler receives prints and specifications for some cars. Now, I have never, and I mean never
met anyone who actually wanted to own a Fiat. So, something like 6 billion dollars in loans is conditioned on the deal going forward, so that in a few years, Chrysler can start rolling out cars that nobody wants to own, let alone pay for.
Well, if we can't stimulate our own economy, maybe we can help Italy's.