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To: goldsnow who wrote (33874)	5/14/1999 9:34:00 AM
From: donald martin	Respond to of 116796

<<Was Chrysler viable?>> It wasn't. If they had not received the loan from the government, they would have gone broke. Some would point to the intervention of the government as having been a good thing....jobs, America First, domestic industry, and the usual drivel. The jobs would have come back (with Ford or GM); although I guess there'll be gripes about concentrating the domestic auto industry into 2 companies instead of 3. All I see that was accomplished was that market discipline was undercut. And people who bought US Treasuries paid the price.