Chrysler - Obama Presidency Oral History Back Chrysler Index / Organizations Transcripts Steven Chu ...remember, General Motors [Company] and Chrysler [LLC] had gone bankrupt. They wer... ...out GM [General Motors Company] and Chrysler , but I was with Ford. And discussions... David Axelrod ...assist GM [General Motors Company] and Chrysler , how do you remember where publi... ...provide financial backing to GM and Chrysler . In our previous session, yo... ...that General Motors would survive; that Chrysler might not, and that it probably neede... ...with General Motors. We should give Chrysler thirty days to find a partner. And w... Austan Goolsbee ...about, Will it work to rescue GM and Chrysler , or does rescuing Chrysler als... ...GM and Chrysler, or does rescuing Chrysler also endanger all three of th... ...want to come up with money for GM and Chrysler , for just GM, what are we going to do... ...that you recommended not a bailout for Chrysler . But anyway, I would just like to ge... ...really becomes, Well, what about Chrysler ? Because Chrysler's owned by a privat... ...Well, what about Chrysler? Because Chrysler 's owned by a private equity company... ...two key economic questions. One is, If Chrysler is not there, what will happen to th... ...what will happen to the buyers of Chrysler cars? Will they go buy American cars... ...there's a lot of substitutability of Chrysler to Ford and GM, then the jo... ...and GM, then the job implications of Chrysler shutting down will not be as big as a... ...it's actually going to help GM and Chrysler [read: Ford] . And then the secon... ...testifies in Congress that they want Chrysler and GM to be bailed out. And to a... ...in the sense of if we give the money to Chrysler , how many people think Chrysler wil... ...to Chrysler, how many people think Chrysler will still be in business in tw... ...lesser of evils, and that if Fiat buys Chrysler essentially nothing good can come o... ...cars, and they could actually build a Chrysler car [laughs] with a fifty-mile-per-hou... ...unlike the decision to bail out both Chrysler and GM. And that is, after the fact i... Show more... David Simas ...else for the Big Three [General Motors, Chrysler , Ford]. And the qualitative was eve... Christopher Dodd ...is terrific. But Dick voted against the Chrysler bailout, New York City bailout. He jus... Paul Ryan ...shut down—I had two Delphi plants, a Chrysler plant, and a GM [General Motors] plan... Stephen Kroft ...banks. You've had General Motors and Chrysler go into controlled bankruptcies tha... Steven Rattner ...companies, certainly General Motors and Chrysler —not Ford—were essentially bankrupt... ...in 1979 and 1980, you also wrote about Chrysler Corporation's pursuit of federal loa... ...myself to remember what I wrote about Chrysler . Volkswagen, I don't even remembe... ...the Bush administration had awarded Chrysler and General Motors $17.4 billion i... ...have liked, including me. In 1979, the Chrysler rescue was front and center for very... ...the end of February of 2009, GM and Chrysler submitted viability plans to the Whit... ...speaking, different than those facing Chrysler ? Broadly speaking, the difference i... ...the difference in the problems was that Chrysler was barely a shell of a company, in ... ...to provide additional funding to Chrysler and GM. Again, broadly speaking, wha... ...were two meetings, was whether to save Chrysler or not. And I wrote about thi... ...force, was that we should try to save Chrysler . We weren't sure we could. We weren'... ...I was very happy that it's worked, that Chrysler has survived. It's been through a fe... ...in the United States that GM and Chrysler survive the financial crisis? I don'... ...its report on the viability of GM and Chrysler . Broadly speaking—this is in th... ...GM's viability? We've talked about Chrysler a little bit, but do you remember wha... ...additional financial backing to GM and Chrysler . You've written a bit in your boo... ...to American manufacturing of GM and Chrysler 's viability? Yes, I think we al... ...It was really not unimaginable to let Chrysler go out of business. It was a very, as ... ...matter, I think we were prepared to let Chrysler go out of business. I think we jus... ...warranty repairs on cars made by GM and Chrysler in the event that those companies wer... ...that idea come from, to cover GM and Chrysler warranties? I don't remember, but i... ...sells them to some combination of Chrysler , GM, Ford, as well as the foreig... ...the Treasury Department, executives at Chrysler , and creditors throughout April o... ...after a series of negotiations with Chrysler 's lenders in April, the administratio... ...to happen. On April thirtieth, 2009, Chrysler filed for federal bankruptc... ...that the federal government would back Chrysler through bankruptcy? Well, that's th... ...you most concerned about in terms of Chrysler moving through bankruptcy? What was ... ...was probably our biggest concern with Chrysler . On June first, 2009, General Motor... ...protection. Were there ways that the Chrysler bankruptcy served as a model for GM? ... ...could To your point, in June of 2009, Chrysler completed its restructuring deal an... ...that stand out in your mind about how Chrysler was able to restructure itself in tha... ...bankruptcy that made it possible for Chrysler to emerge as quickly as it did? No... ...the course of 2010 and 2011, GM and Chrysler repaid a substantial portion of th... Show more... Christina Romer ...the potential for government backing of Chrysler and GM [General Motors Company]. As th... ...from, who were thinking if GM and Chrysler go under, the job losses will be huge... Load more Transcripts Related Topics go to the Criminal Justice Criminal Justice go to the Veterans Veterans go to the Supreme Court Supreme Court go to the Women and Girls Women and Girls go to the East Wing East Wing