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davepamn davepamn
 

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Chrysler agreed to accept $2 billion in cash for $6.8 billion in secure debt. How does this work?

Did JP Morgan and Citigroup loan Chrysler, $2 billion in cash for a $6.8 billion secure note?
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spideybolt spideybolt
 
 May 03, 2009 05:01 PM
This site has the details of the chrysler issue. Hope this Helps!
http://www.reuters.com/article/marketsNews/idCAN3032316420090430?rpc=44


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