ANALYSIS-Chrysler lenders face backlash, tough fight

Newswire

By Poornima Gupta DETROIT, April 30 (Reuters) - The deal that could have saved Chrysler LLC fell apart over the objections of a handful of fund managers and touched off an immediate debate over the responsibility of investors and the role of government. The 20 or so funds that balked at the terms of a government-brokered deal to cut Chrysler's $6.9 billion in debt were blamed by critics -- including U.S. President Barack Obama -- for pushing the U.S. automaker into bankruptcy on ...

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