Chrysler Hires Bankruptcy Attorneys – 24/7 Wall St.

Chrysler Hires Bankruptcy Attorneys

Posted: December 5, 2008 at 1:25 pm

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Ford1 According to a report in The Wall Street Journal, "Chrysler hired the prominent law firm of Jones Day several weeks ago as bankruptcy counsel, a move that suggests the auto maker is preparing for imminent financial failure should its efforts to persuade Congress for federal rescue funds fall short."

Douglas A. McIntyre

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