#EBITA
Quote Of The Day: Chrysler Could Be Rich If There Wouldn't Be That Nasty Mortgage
“The only reason we are not making money on the net is that I pay interest on the borrowings I took from the government and I have money in the bank to cover that debt. Actually, against the Treasury we owe them nothing. We have enough cash to pay it all off. But you can’t run a business without cash, so it’s just a function of our capital structure. If we had taken those funds as equity as GM did, we would have been making money, net, right now.”
Bertel Schmitt
Jul 31, 2010
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