WRAPUP 8-Chrysler files for bankruptcy

Newswire

* US government to provide DIP financing * GMAC assumes Chrysler Credit business * Fiat deal done * CEO Nardelli to leave after bankruptcy * U.S. automaker stocks higher (Adds Obama comments) By Poornima Gupta and John Crawley DETROIT/WASHINGTON, April 30 (Reuters) - Chrysler LLC filed for bankruptcy on Thursday after talks to restructure its debt with lenders broke down. Despite intense negotiations over the past few weeks, Chrysler failed to gain the full support from its ...

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