Michigan lawmakers hit back at Chrysler holdouts

Newswire

DETROIT, April 30 (Reuters) - Lawmakers in Michigan on Thursday called on the state to shun business with the fund management companies that helped push U.S. automaker Chrysler LLC into bankruptcy. "Thousands of Michigan jobs and the future of Chrysler are on the line because the wealthy hedge funds managers put their short-term interests ahead of our workers and the auto industry," said State Representative Tim Melton, a Democrat, who sponsored a resolution passed by Michigan's ...

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