Chrysler - Obama Presidency Oral History

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Pete Rouse

...system collapsing, you had GM and Chrysler going broke, and 9.2 percen...

Timothy Geithner

...2008, the Bush administration awarded Chrysler and General Motors 17.4 billion dollar...
...of 2009, GM [General Motors] and Chrysler submitted viability plans to the Whit...
...to provide additional funding to Chrysler and GM. What needed to happen over th...
...which the decision was made to support Chrysler moving forward, to form a partnershi...
...additional financial backing to GM and Chrysler , and I've read that you were with th...

...when he made the decision to provide Chrysler with financial backing, and also tim...
...and for the American public that Chrysler and GM survive the financial crisis? ...
...didn't commit to trying to push either Chrysler or GM into bankruptcy. On April 30...
...GM into bankruptcy. On April 30, 2009, Chrysler did file for federal bankruptc...
...that the federal government would guide Chrysler through bankruptcy? I believe I was...
...of April, in terms of whether or not Chrysler needed to file for bankruptcy? ...
...do remember, were there ways that the Chrysler bankruptcy served as a model for the G...

Larry Summers

...problems facing GM [General Motors] and Chrysler much different? In other words, was th...
...from how it was going to deal with Chrysler , or did you try to develop a polic...
...policy towards both General Motors and Chrysler . I think it was quite clear that, a...
...sense, simply over-levered. How much of Chrysler was viable in an operating sense wa...
...issues to be discussed with respect to Chrysler were different from the issues to b...

...if and how the government should back Chrysler and GM. Was March a particularl...
...government would support bailing out Chrysler , or providing financing to Chrysler o...
...out Chrysler, or providing financing to Chrysler or not. It was fairly clear that, i...
...or not. It was fairly clear that, if Chrysler were allowed to fail, that th...
...cost that needed to be injected into Chrysler to keep it going. A naïve view would b...
...therefore, it would be better to have Chrysler go. Those were the arguments. I thin...
...question of the form, If we support Chrysler , how likely do you think it is that i...
...same time as those negotiations over Chrysler and GM—deliberations, I should say—wer...

Brian Deese

...GM [General Motors Company] and Chrysler , in particular, were running out o...
...inside them. So GM had GM Financial, Chrysler had Chrysler Financial. And if yo...
...So GM had GM Financial, Chrysler had Chrysler Financial. And if you bought a car a...
...then gave bridge loans to both GM and Chrysler . We sort of haggled at the margin...
...not the government should guide GM and Chrysler through bankruptcy? That meeting wa...

...was principally about the issue of Chrysler . And the reason was because, as ...
...connected to the auto supply base than Chrysler . And also, it had, based on a set o...
...wasn't questioning that recommendation. Chrysler was a much harder case because it wa...
...of time to get back up the curve. Chrysler did have some valuable things like th...
...better off standing behind GM, letting Chrysler fail, and then having GM and Ford an...
...Or are we better off standing behind Chrysler , trying to support a restructuring o...
...and that even though the case for Chrysler was harder than GM, it was still ...
...was still a strong case to stand behind Chrysler . And that was based on a coupl...
...and that the overlap with where Chrysler was important and where the economy wa...
...And what it showed was where all of Chrysler 's plants were in terms of the towns...
...around what the actual cost would be of Chrysler 's failure in terms of unemployment...
...costs, both directly for the workers of Chrysler that had very significant retiremen...
...a buyer, because we all realized that Chrysler didn't have any leadership. And so i...
...wasn't going to work to just backstop Chrysler without a strong company willing t...
...about how they would integrate Fiat Chrysler and use it as a way to bring Fiat bac...
...our probability of the likelihood that Chrysler will survive for three to five years...
...players. And that, in fact, by letting Chrysler fail, most of the economic activity i...
...to figure out if we could get GM to buy Chrysler . [Laughs] Because that would have bee...
...very concerning. If you look at—I think Chrysler is one of the great turnaround storie...
...retooled, and this was when Fiat Chrysler was redoing it. It just felt entirel...
...as you crafted the plans for GM and Chrysler ? Yes, yes. Basically, there were ...
...hard to get a uniform agreement. With Chrysler , it was conceivable, and we actuall...
...it was not entirely without precedent. Chrysler got a government bailout in the earl...
...making decisions, particularly around Chrysler and then GM, it became very partisan...
...in the auto industry, both GM and Chrysler performing better than anticipated...

Anthony Foxx

...on GM [General Motors] cars, and a Chrysler problem. We actually levied th...

Rahm Emanuel

...a strategy for GM [General Motors] and Chrysler and come up with a game plan—which w...
...about these three economic components. Chrysler wasn't in trouble; the entire aut...

Pete Souza

...decision to bail out General Motors and Chrysler . One of the things that struck m...
...that night. I think one of them was Chrysler . Was it Ford and Chrysler? Genera...
...of them was Chrysler. Was it Ford and Chrysler ? General Motors. General Motors...

Henry Paulson

...down in addition to General Motors and Chrysler . It would've taken Ford down also. Bu...

Josh Bolten

...at least for GM [General Motors] and Chrysler , that could provide som...

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Chrysler - Obama Presidency Oral History

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