Bailout Watch 507: CA Finance Minister Uses the "L" Word Re: ChryCo

Robert Farago
by Robert Farago

“I’ve heard of some updated information. It sounds like progress is being made and I hope they’re successful in their discussions together so that Chrysler can avoid liquidation,” Canadian Finance Minister Jim Flaherty told reporters after a meeting of G7 finance ministers and central bankers in Washington. And it’s timing Jim. But. Not. As we know. It. Reuters: “Minutes before Flaherty spoke, the Canadian Auto Workers Union postponed a press conference scheduled for 6 p.m. (1000 GMT), in which it was expected to announce an agreement.” [Thanks to Jules for the link]

Robert Farago
Robert Farago

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