POLITICO-Bankruptcy may save Chrysler


By Mike Allen WASHINGTON, April 30 (POLITICO) - Obama administration officials have the job today of explaining that Chrysler's expected bankruptcy filing will be automaker's salvation, not demise. "Ultimately, this is much better for Chrysler and for the people of Detroit," a senior administration official said. "This will hopefully get them on a better footing than they've been on in a long time." The bankruptcy - which the administration hopes will be on a speedy timetable of as ...

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